RE: Avioxx tiny corp20 Jan 2025 14:02
It's good to see they are 'talking' to companies in the SAF industry, as it's receiving huge investment from many sources/backers.
Swazers, I don’t intend to be invested in 2050, but thanks for the information 😊
More relevant might be……"Governments further agreed, through the ICAOCAAF/3 process, to achieve a 5% emissions reduction through the use of SAF by 2030" 5% will be a huge start, and may actually cover Castles airmiles.
As pointed out, the RNS is for a ‘proposed collaboration’, so hopefully it becomes a contract for the supply of DMG's units, which equals revenue! A positive RNS is great, but they really need something with more meat on the bones, as in revenue generating. Hopefully this will follow the test results RNS.
Should Avioxx go ahead, you have to assume it'll be 2 new DMG's rather than one moved from Bridgend, which PHE still need for testing etc.
Good to see lots of positive posts, I think we can draw the line at Airports buying DMG’s to make SAF from their plastic waste though!