TTE - TotalEnergies & Airbus Team Up for Sky-High Sustainability Target 90% CO2 Emission Cut | Benzinga
TotalEnergies SE (NYSE:TTE) inked a strategic partnership with Airbus (OTC:EADSY) for aviation decarbonization with sustainable aviation fuel.
As per the deal terms, TotalEnergies will supply Airbus with sustainable aviation fuel for more than half of its needs in Europe. The partnership also includes a research and innovation program to develop 100% sustainable fuels for current and future aircraft.
This partnership aims to focus on reducing the sector’s CO2 emissions, with Sustainable Aviation Fuels (SAF) supplied by TotalEnergies projected to reduce up to 90% of CO2 emissions over their lifecycle compared ...