Gevo, Inc. (NASDAQ: GEVO) a leading renewable fuels and chemicals manufacturer, announced today it has supplied sustainable aviation fuel (SAF) to further support carbon neutrality goals in the aviation industry.
Gevo’s customer and global fuel supplier, Avfuel Corporation, has partnered with fixed-base operator, Avflight Salina at Salina Regional Airport (KSLN) and Henderson Executive Airport (KHND) to provide sustainable aviation fuel (SAF) for aircraft headed to general aviation’s largest tradeshow: Business Aviation Convention & Exhibition (BACE).
Avfuel will supply a blend of Gevo’s SAF to Avflight to fuel operators headed to Las Vegas, Nevada beginning October 17. Avflight has commitments by high-profile manufacturers— Embraer, Textron Aviation and Dassault —to fuel with the sustainable product en route to BACE as well as from other private operators. Avfuel Corporation will be flying their sales team to and from Las Vegas on SAF, refueling at KSLN and KHND.
“Avfuel is doing a great job with these demonstrations. They are important because they show the viability of SAF, express to corporations that they have a choice when flying their corporate jets as well as educates other fixed based operators what is possible in what they provide their customers,” stated Patrick Gruber, Chief Executive Officer of Gevo.
To supply the fuel for this occasion, Avfuel acquired a concentrated delivery of SAF from Gevo, Inc.—a next-generation biofuels company—and blended it with petroleum-based jet fuel. This mixture is then tested for fuel quality and to ensure it meets all standards associated with jet fuel.
The product has a net benefit to the environment across its lifecycle. Created from corn starch, for every one million gallons of the concentrated SAF that is produced, approximately 10 million pounds of animal feed and protein is sold into the food chain, and the final jet fuel product burns cleaner, reducing carbon emissions released into the atmosphere.