JetBlue Signs Agreement With World Fuel Services To Supply Blended Sustainable Aviation Fuel At JFK Airport Starting Q4 2024; Initial 12-Month Deal Includes Minimum 1M Gallons Of Neat SAF With Option For Up To 4M Additional Gallons; JetBlue Invites New York Businesses To Help Scale SAF Market
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JetBlue has signed an agreement with World Fuel Services to supply blended Sustainable Aviation Fuel (SAF) at JFK Airport starting Q4 2024. The initial 12-month deal includes a minimum of 1 million gallons of neat SAF, with an option for up to 4 million additional gallons. JetBlue is also inviting New York businesses to help scale the SAF market.
July 31, 2024 | 12:19 pm
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World Fuel Services has signed an agreement with JetBlue to supply Sustainable Aviation Fuel (SAF) at JFK Airport starting Q4 2024. This partnership could boost World Fuel Services' position in the sustainable fuel market.
The partnership with JetBlue to supply SAF could enhance World Fuel Services' market position in sustainable fuels, potentially leading to increased revenue and a positive impact on its stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
JetBlue has entered into an agreement with World Fuel Services to supply Sustainable Aviation Fuel (SAF) at JFK Airport starting Q4 2024. This move aligns with JetBlue's sustainability goals and could enhance its brand image.
The agreement to supply SAF aligns with JetBlue's sustainability goals and could improve its brand image, potentially attracting more eco-conscious travelers. This could positively impact JetBlue's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100