Air Canada and Airbus launch joint initiative to scale domestic Canadian SAF and help reduce the life-cycle emissions of corporate travel

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomeGlobeNewswireThis section is The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Air Canada and Airbus launch joint initiative to scale domestic Canadian SAF and help reduce the life-cycle emissions of corporate travelAuthor of the article: You can save this article by registering for free here. Or sign-in if you have an account.Air Canada and Airbus launch joint initiative to scale domestic Canadian SAF and help reduce the life-cycle emissions of corporate travel GNWMONTRÉAL, July 20, 2026 (GLOBE NEWSWIRE) — Air Canada, the country’s largest airline and flag carrier, and Airbus, a global leader in aerospace manufacturing with the largest commercial aircraft industrial footprint in Canada, are uniting their shared commitment to aviation decarbonisation. To lead the way in advancing these goals, the two aviation pioneers are proud to announce their intent to establish a jointly funded Sustainability Co-Investment Platform. This agreement states a shared objective to invest up to approximately C$13.7 million (US$10 million), through the platform to support a commercial-scale Sustainable Aviation Fuel (SAF) industry in Canada. Both companies are confident that, with a supportive public policy framework in place, this investment can serve as a catalyst for the broader Canadian SAF ecosystem.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountKey focus areas include accelerating a jointly agreed Canadian SAF project toward a Final Investment Decision (FID). While Air Canada and Airbus intend to drive this investment, both companies look forward to continuing their constructive collaboration with government partners to establish the right structural frameworks to support SAF production to emerge at scale in Canada. Their ongoing joint advocacy alongside the Canadian Sustainable Aviation Fuel Coalition (C-SAF) reflects a shared commitment to working with federal and provincial governments. By aligning industry initiatives with supportive public policy mechanisms, they can successfully champion domestic SAF production and price competitiveness, with the objective to make renewable fuels available for the Canadian aerospace industry and to preserve affordability of air travel.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try again“Air Canada is proud to help advance aviation’s energy transition in Canada. Through this joint initiative with Airbus, we are taking meaningful steps toward supporting domestic SAF production, helping corporate customers address the emissions associated with business travel, and contributing to a lower-carbon path for the industry. With continued industry collaboration and a supportive policy environment, we are confident this momentum can accelerate,” said Valerie Durand, Vice President, Airport Affairs, Corporate Real Estate and Sustainability at Air Canada.“I want to thank Air Canada for this very important joint sustainability initiative. Decarbonising aviation will require deep industry collaboration and decades of investment in new sources of renewable energy. By launching this co-investment platform and making a long-term commitment to Air Canada’s Leave Less Travel Programme, we will help to stimulate the production of, and demand for, SAF in Canada. The country has a vast feedstock potential. When combined with a supportive policy framework, it can contribute to the sector’s decarbonisation ambitions and create significant economic growth and job creation.” said Julie Kitcher, Airbus Chief Sustainability Officer and Communications.Climate Solution for Corporate TravelComplementing this foundational investment, the initiative introduces a vehicle for corporate partners to stimulate domestic SAF demand through Air Canada’s Leave Less Travel Program. Demonstrating its commitment, Airbus has signed a long-term, 5-year Leave Less Travel Program Agreement. As part of this parallel corporate travel partnership, which distributes verified SAF environmental attributes to participants, Airbus will purchase SAF environmental attributes associated with over 60,000 litres of SAF for its first allocation. Through this programme, Air Canada will track Airbus’ greenhouse gas (GHG) emissions associated with their corporate travel and remove verified SAF environmental attributes on the company’s behalf. Although in-sector emissions reductions are not a substitute for direct emissions reductions at the source, this corporate partnership is a key tool in supporting the scaling up of SAF and will allow Airbus to lower life cycle emissions associated with their employees’ business travel.This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.The use of renewable fuels, such as SAF, complements Air Canada’s extensive fleet modernization strategy, featuring more fuel-efficient aircraft like the long-range narrow-body Airbus A321XLR and the Canada-built Airbus A220. Air Canada and Airbus fully support the aviation aspirational climate ambition set by IATA, ATAG and ICAO to reach ‘net-zero carbon emissions by 2050’, with SAF as a critical component to such pathway.Multi-Billion Dollar Economic PotentialBeyond the reduction of life cycle emissions, developing a robust domestic SAF ecosystem could trigger a massive ripple effect across the Canadian economy. The strategic platform arrives alongside a new macroeconomic study by Airbus and ICF highlighting Canada’s significant potential to lead in aircraft biofuels production.The study reveals that scaling domestic SAF to meet 40% of Canada’s aviation fuel demand by 2040 could add $32 billion to the national GDP and create 140,000 jobs across agricultural, forestry, and urban regions. By establishing a solid platform for corporate investment and support, the Air Canada and Airbus partnership serves as an immediate catalyst to support these multi-billion-dollar economic returns while advancing the development of a domestic SAF ecosystem. Consult the full report on the Airbus website.Sustainable Aviation Fuels (SAF) are industry terms used to reference a family of alternative synthetic aviation fuels. It is a type of non-conventional jet fuel made from resources that can be regenerated, also known as renewable feedstocks. It is chemically similar to conventional aviation fuel but comes from non-fossil sources, making it a lower-carbon alternative over the complete fuel life cycle. To learn more about SAF, visit the Air Canada SAF page or Airbus commitment to sustainable aviation fuel.Air Canada is Canada’s largest airline, the country’s flag carrier and a founding member of Star Alliance, the world’s most comprehensive air transportation network. Headquartered in Montréal, Air Canada provides scheduled service directly to more than 180 airports in Canada, the United States and Internationally on six continents. It holds a Four-Star ranking from Skytrax. Air Canada’s Aeroplan program is Canada’s premier travel loyalty program, with more than 10 million members worldwide. Members can earn or redeem points on the world’s largest airline partner network of more than 50 airlines, plus through an extensive range of merchandise, hotel and car rental partners. Through Air Canada Vacations, it offers a selection of vacation and Flight & Hotel packages, tours, cruises, car rentals, and experiences. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using Air Canada’s passenger and freighter aircraft. Air Canada’s climate-related ambition includes a long-term aspirational goal of net-zero greenhouse gas emissions by 2050. For additional information, please see Air Canada’s TCFD disclosure. Air Canada shares are publicly traded on the TSX (AC).Contacts:media@aircanada.ca Airbus:Amélie Forcier +1 514-452-5279 amelie.forcier@airbus.com Annabelle Duchesne +1 438-402-4276 annabelle.duchesne@airbus.com Internet:aircanada.com/media Read our annual reportHere Sign up for Air Canada news:aircanada.com Media Resources: Photos Videos B-Roll Articles Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.

Original Source

Read the full article at Financialpost →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.