Irish budget carrier Ryanair (FR/RYR) has signed a deal for the supply of Sustainable Aviation Fuel (SAF) from Shell Aviation.
The Memorandum of Understanding (MoU), signed at Trinity College Dublin, will see Shell supply SAF at 200 airports across Europe with an initial focus on Ryanair’s larger bases such as Dublin, Ireland and Stansted in the UK.
Ryanair will have access to around 360,000 tonnes of SAF between 2025 and 2030 potentially saving 900,000 tonnes in CO2 emissions and will help the airline achieve its target of 12.5% SAF use by 2030.
Ryanair’s Sustainability Director, Thomas Fowler said: “SAF plays a key role in our Pathway to Net Zero strategy, and also our commitment to a target of 12.5% SAF by 2030. Today’s agreement with Shell helps Ryanair secure access to c.20% of this ambitious goal. Shell is a key sustainability partner for Ryanair, and we look forward to building on this collaboration with Shell as our Group grows sustainably to carry 225m passengers annually by FY26.”
President of Shell Aviation, Jan Toschka, added: “It is fantastic to build on our existing relationship with Ryanair to now look at what we can achieve together on sustainability. This initial agreement demonstrates that both companies recognise that SAF is the key to unlock a net zero future for aviation. We share the same ambition to enable Ryanair’s passengers to fly lower carbon. Leadership and bold actions are needed to accelerate the decarbonisation of flight, and today’s announcement is a great example of this.”