Delta Airlines Renewable Fuel Compliance Cost Continues to Grow in Q3

Delta Airlines reiterated their commitment to work with the Science Based Targets initiative, to set a net-zero 2050 target and an interim emissions intensity target for airline operations, in line with the Paris Agreement.

During the conference call yesterday, Delta CEO Ed Bastian had the following to say about sustainable aviation fuel, “This quarter, Delta announced a 250-million-gallon offtake agreement for sustainable aviation fuel on our road to a 10 percent SAF consumption level by 2030.  We also announced plans to join several coalitions, including the Leaf Coalition, the World Economic Forum’s Clean Skies Tomorrow, and the UN-led Race To Zero.”  More information on the work they intend to do with the various coalitions will be released at their Capital Markets Day presentation on December 16 in New York.

An item not covered during the conference call was…