oneworld alliance, member airlines and Breakthrough Energy Ventures launch investment fund to advance and commercialize Sustainable Aviation Fuel technologies
Source: American Airlines Led by cornerstone investors American Airlines, Alaska Airlines; with IAG, Cathay Pacific, Japan Airlines from oneworld alliance, and Singapore Airlines as part of initial $150M fund close oneworld BEV Fund aims to identify, enable and scale lower carbon jet fuel of the future to support consumer demand, economic development, jobs and technology innovation oneworld Alliance and member airlines, in partnership with Breakthrough Energy Ventures (BEV), today announced the launch of a new investment fund designed to address the limited availability and high cost of today’s Sustainable Aviation Fuels (SAF). The fund, led by cornerstone investors American Airlines and Alaska Airlines, seeks to accelerate the global development of long-term aviation fuel solutions that are cost effective, scalable and [...]