Southwest partners with Phillips 66 and MPC for commercialised SAF
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US carrier Southwest Airlines has signed memoranda of understanding (MoUs) with energy companies Marathon Petroleum Corporation (MPC) and Phillips 66 to enhance its commitment towards sustainability in fuel.
The partnership will focus on several initiatives, including the use of commercialised sustainable aviation fuel (SAF) in Southwest’s operations.
Some of the initiatives that the collaboration may concentrate on are to promote SAF policies with governmental agencies, research and development, and to raise public awareness of SAF’s benefits.
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. (NYSE: LUV) today announced memoranda of understanding with two leading energy companies, Marathon Petroleum Corporation (NYSE: MPC), and Phillips 66 (NYSE: PSX), intended to facilitate the development and production of commercialized sustainable aviation fuel (SAF). These collaborations may include a variety of initiatives, for example an increased focus to advocate SAF policies with governmental agencies, cooperation to advance research and development targeted toward greater commercialization of SAF at progressively lower carbon intensities, and partnerships on initiatives to raise public awareness of SAF s benefits.
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