“This agreement marks a decisive move from vision to reality. For Luxaviation, securing long-term SAF supply is not only an investment in our operations – it is a commitment to our clients and to the industry’s future. Together with Haffner Energy, we are setting the benchmark for how business aviation can accelerate the scale-up of sustainable fuel production across Europe, establishing a new standard for our industry,” said Patrick Hansen, CEO of Luxaviation Group.
Luxaviation operates one of the largest fleets of private aircraft worldwide. It is actively committed to the decarbonisation of aviation through a three-pronged strategy: improving fuel efficiency; reducing emissions by actively increasing SAF use and electrification of ground operations; buying offsets for remaining GHG emissions.
“We are very pleased with this offtake partnership with Luxaviation as it will significantly facilitate the financing of our SAF projects in Europe. Securing long-term offtake agreements is one of the most crucial conditions for financing SAF production facilities, as they guarantee the purchase of SAF at a stable price over periods exceeding five years,” said Philippe Haffner, CEO of Haffner Energy.
Haffner Energy has already announced the development of a couple of SAF projects, notably in France and in Iceland. In both cases, full scale production is expected to be reached by 2030 when the next stage of the European SAF mandate kicks in, requiring airlines to blend SAF in their jet fuel at a 6% ratio or higher.