Korean Air, LX Pantos sign SAF business agreement

Sustainable aviation fuel can reduce carbon emissions by over 80% compared to fossil fuel-based aviation fuel

Korean Air, LX Pantos sign SAF business agreement
Mi-Sun Kang 1
2023-11-20 16:07:17 misunny@hankyung.com
Airlines


Korean Air Lines Co. signed on Monday a memorandum of understanding (MOU) for sustainable aviation fuel (SAF) business with LX Pantos Co.

This MOU is in line with Korean Air's Customer Participating SAF Collaboration Program, which is the first of its kind in the domestic air cargo sector. LX Pantos is the first collaborator in this program, joining in the sustainable transformation of the global aviation industry.

Under this agreement, both companies agreed to reduce greenhouse gas emissions in the air cargo sector and enhance domestic awareness of SAF usage.

LX Pantos will participate in purchasing SAF for Korean Air's cargo transportation. Korean Air plans to share its carbon emission reduction achievements resulting from SAF use.


SAF is an alternative fuel made from environmentally friendly sources, capable of being blended with conventional aviation fuel. It can achieve a reduction of over 80% in carbon emissions compared to conventional fossil fuel-based aviation fuel.

The International Air Transport Association (IATA) anticipates that the use of SAF will play a crucial role, constituting the largest share (65%) in future carbon emission reduction efforts within the aviation industry.

Write to Mi-Sun Kang at misunny@hankyung.com
#Korean Air Lines #LX Pantos #sustainable aviation fuel #SAF #air cargo sector #IATA

Korean Air to showcase UAVs at ADEX 2023

Korean Air to showcase UAVs at ADEX 2023

Korean Air Lines Co. will participate in the "Seoul Aerospace & Defense Exhibition 2023" (ADEX 2023) taking place at Seoul Air Base in Seongnam, Gyeonggi, from Oct. 17 to 22. The company plans to exhibit actual medium-altitude drones, tactical reconnaissance drones, launching pads, and a m

Korean Air may give up Asiana’s cargo business, 4 routes for EU approval

Korean Air may give up Asiana’s cargo business, 4 routes for EU approval

An Asiana Airlines cargo plane  Korean Air Lines Co. may give up the cargo business of Asiana Airlines Inc. and four of its lucrative routes in Europe in an all-in bet as the marriage of South Korea’s two largest full-service carriers has hit hurdles on monopoly concerns flagged by a

KDB girds up for Korean Air-Asiana deal collapse with Plan B

KDB girds up for Korean Air-Asiana deal collapse with Plan B

Airplanes at Incheon International Airport The state-run Korea Development Bank (KDB) is looking for alternative options to sell Asiana Airlines Inc. to prepare against a possible collapse of Korean Air Lines Co.'s 1.8-trillion-won ($1.4 billion) purchase of its smaller domestic rival as the de

Korean Air’s operating profit falls to $360 mn in Q2 2023

Korean Air’s operating profit falls to $360 mn in Q2 2023

Korean Air Lines Co.’s operating profit in the second quarter fell over 30% from the same period last year in line with market consensus.Considering that the second quarter is considered a traditional off-season for the airline industry, the performance evaluation was positive.Korean Air

Korean Air resumes flights from Busan to Japan after three-year suspension

Korean Air resumes flights from Busan to Japan after three-year suspension

Korean Air Lines Co., the largest airline and flag carrier of South Korea, said on Tuesday that it would resume its operations on the Busan-Fukuoka and Busan-Nagoya routes in Japan from September 27. This comes after a three-and-a-half-year hiatus caused by the global pandemic.The company plan
(* comment hide *}