AIR INDIA AND INDIAN OIL SIGN MOU FOR SUPPLYOF SUSTAINABLE AVIATION FUEL

Ahmedabad,19 August: Air India and Indian Oil Corporation Limited (IOCL) today signed a Memorandum of Understanding (MoU) for the supply of Sustainable Aviation Fuel (SAF), marking a major step towards a greener future for Indian aviation. Under the MoU, Air India, a Tata Group company, and IOCL have outlined their shared commitment to promote the adoption of low-carbon fuels in aviation, support global decarbonization goals, and contribute to the transition towards more sustainable air transport operations.

As part of its broader strategy to achieve the IATA Net Zero by 2050 target and comply with CORSIA obligations, Air India is actively pursuing initiatives in operational efficiency, low-carbon emissions, and now, SAF. This MoU marks a significant step in expanding its green aviation portfolio.

Air India’s fleet renewal plan, with 570 new aircraft on order, will enable the airline to operate one of the lowest carbon emitting fleets in the world and its plans to establish more non-stop city-pairs will result in less emissive flights and itineraries. Air India has also adopted market-leading flight planning and optimisation systems, including upgrading its route planning software and coordination with air traffic management, and has entered into an MOU with India’s Council of Scientific and Industrial Research and the Indian Institute of Petroleum to collaborate on the research, development and deployment of SAF.

Over the last few years, Air India has adopted several green practices, including reducing single-use plastics and using lighter material for cutlery and dishes, and is optimising processes such as more frequent engine and airframe washes, implementing single-engine taxiing and autonomous-EV towing to save jet fuel.

These efforts align with India’s broader push for green aviation, which includes India’s target of 5% SAF blending by 2030 and the development of SAF supply chains across the country.

Through this MoU, IOCL and Air India aim to collaborate on the supply of SAF to meet CORSIA targets for international flights, ensuring a reliable, transparent, and sustainable fuel supply to support both companies’ environmental goals.

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(સ્પષ્ટતા: અત્રેથી આપવામાં આવતી તમામ પ્રકારની માહિતી કોઇપણ પ્રકારે રોકાણ/ ટ્રેડીંગ માટેની સલાહ નથી. બજારોમાં રોકાણ જોખમોને આધીન છે અને રોકાણ કરતા પહેલા કૃપા કરીને તમારા સલાહકારની સલાહ લો.)