World Fuel Services And Neste Sign Supply Agreement For Sustainable Aviation Fuel
Portfolio Pulse from Benzinga Newsdesk
World Fuel Services and Neste have signed an agreement to expand the supply of Sustainable Aviation Fuel (SAF) in Europe. The agreement will increase the number of airports supplied with SAF by World Fuel from 13 to over 40, with plans to expand accessibility at more than 100 airport locations.
May 22, 2023 | 9:22 pm
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World Fuel Services (INT) signs an agreement with Neste to expand the supply of Sustainable Aviation Fuel in Europe, increasing the number of supplied airports from 13 to over 40.
The agreement between World Fuel Services and Neste will significantly expand the supply of Sustainable Aviation Fuel in Europe. This will increase the number of airports supplied with SAF by World Fuel from 13 to over 40, which is likely to boost World Fuel Services' (INT) market presence and potentially lead to increased revenues. The partnership also aligns with the growing demand for sustainable energy solutions in the aviation industry, making it a positive development for INT.
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