FedEx Corporation has entered into an agreement with Neste to acquire over three million gallons of blended sustainable aviation fuel (SAF) for use at Los Angeles International Airport (LAX). This purchase marks the largest SAF acquisition by a U.S. cargo airline at LAX to date. The blended fuel, containing at least 30% neat Neste MY Sustainable Aviation Fuel, will make up approximately 20% of FedEx's annual jet fuel consumption at LAX. This initiative is part of FedEx's broader strategy to reduce aviation emissions and work towards carbon-neutral operations by 2040. The delivery of the fuel has commenced and will continue over the next year. FedEx's commitment reflects its efforts to support sustainability goals and bolster the aviation industry's use of lower-emission solutions.
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