The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTTA.L Regulatory News (TTA)

  • There is currently no data for TTA

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Air France-KLM, Total, Groupe ADP and Airbus Join Forces to Decarbonize Air Transportation and Carry Out The First Long-Haul Flight Powered By Sustainable Aviation Fuel Produced in France

18 May 2021 17:07

 

Air France-KLM, Total (Paris:FP) (LSE:TTA) (NYSE:TOT), Groupe ADP and Airbus have joined forces to carry out the first long-haul flight powered by Sustainable Aviation Fuel (SAF)1 produced in France. At 3:40 p.m. today, Air France Flight 342 took off from Paris-Charles de Gaulle airport’s Terminal 2E for Montreal with its tanks filled for the first time with sustainable aviation fuel produced in Total’s French plants.

This flight is a tangible result of the four groups’ shared ambition to decarbonize air transportation and to develop a SAF supply chain in France, prerequisite to the generalization of their use in French airports.

No modifications to storage and distribution infrastructure, aircraft or engines are required to incorporate biofuels. Their gradual introduction worldwide should significantly reduce CO2 emissions from air transportation, in line with the United Nations’ Sustainable Development Goals.

The biofuel used for this flight was made from waste and residue sourced from the circular economy. Total produced the SAF from used cooking oil at its La Mède biorefinery in southern France and at its Oudalle factory near Le Havre, without using any virgin plant-based oil.

This first 100% French SAF received ISCC-EU certification from the International Sustainability & Carbon Certification System, an independent organization that guarantees sustainability. The 16% blend on this flight avoided the emission of 20 tons of CO2.

By developing and supporting France’s first industrial SAF production, Air France-KLM, Total, ADP Group and Airbus are paving the way for France to drive innovation in the energy and environmental transition. French legislation calls for aircraft to use at least 1% SAF by 2022 for all flights originating in France, ahead of the European ambition scheduled to gradually ramp up to 2% by 2025 and 5% by 2030, as part of the European Green Deal.

To meet these requirements, Total will also produce SAF at its Grandpuits zero-crude platform near Paris as from 2024.

Today’s flight also illustrates the synergy of the different drivers for reducing aviation’s environmental footprint, i.e., sustainable aviation fuel, latest-generation aircraft and electrification of ground operations. The Airbus A350 used for the flight consumes 25% less fuel than its predecessor. What’s more, the aircraft was serviced by the first 100% all-electric refueling truck, developed in France with Total expertise, and all of the ground support equipment used by Air France was fully electric powered.

Air France-KLM is a pioneer in testing sustainable aviation fuels. KLM made its first SAF-powered flight in 2009. Since then, the Group has multiplied the number of innovative programs. Between 2014 and 2016, for example, it carried out 78 Air France flights powered by a 10% SAF blend in collaboration with a Total affiliate. These tests showed that the use of SAF had no impact on the reliability of airline operations. Air France-KLM intends to strengthen its leadership in SAF in the years ahead, while contributing to research on future generations of aircraft.

In addition to this flight, Airbus is conducting several series of tests to certify airliners to fly with 100% SAF in the coming decades. Airbus has also installed SAF refueling stations at its industrial facilities so it can be used in production operations, as well as for aircraft deliveries. These installations contribute to Airbus’s ambition to decarbonize all of its industrial operations.

For this first flight, Benjamin Smith, CEO of Air France-KLM, stated: "For many years, the Air France-KLM Group has been committed to reducing its environmental footprint. Together with the renewal of our fleet, sustainable aviation fuels constitute our main lever in the medium-term for reducing our CO2 emissions per passenger/km by half by 2030. These two actions are therefore central to our strategy, alongside eco-piloting and achieving carbon-neutral ground operations. France currently has the opportunity to position itself as a leader in the production and use of sustainable fuels and we are doing everything possible to contribute to this with our partners. Supporting the emergence of an economically viable French aviation biofuel sector for all the parties involved is a strategic priority for the country and the group."

Patrick Pouyanné, Chairman and Chief Executive Officer of Total, declared: “The development of biofuels is part of Total's broad-energy strategy for decarbonizing the transportation industry. After successfully launching production of sustainable aviation fuels at our facilities in France last March, we are continuing to adapt our industrial facilities to prepare for the growing demand from the aviation industry in the coming decade. By directly reducing the carbon intensity of the energy products used by our aviation industry customers, we are actively working with them to achieve our ambition to get to net zero by 2050, together with society.”

Augustin de Romanet, Chairman and CEO of Groupe ADP, stressed: "This first flight from Paris-Charles de Gaulle airport is a symbol of our ambition to decarbonize air transport by integrating new sustainable air fuels into aircraft. The European air transport roadmap aims for zero net emissions by 2050, and we are keen, as an airport operator, to support this energy transition and to embark, without delay, on the path of transforming our operation process and infrastructure."

And Guillaume Faury, CEO of Airbus added: “Sustainable fuels are a major lever for achieving our objectives of decarbonizing the aviation sector, and Airbus supports all initiatives that contribute to their development and use on commercial flights. Coordinated action by all stakeholders is needed to increase the share of these sustainable fuels, which can be used today on up to 50% of our aircrafts, without any modification or operational impact, thereby reducing their environmental footprint.

***

About Air France-KLMA global player with a strong European base, the Air France-KLM Group’s main areas of business are passenger transport, cargo transport and aeronautical maintenance. Air France-KLM is a leading airline Group in terms of international traffic on departure from Europe. It offers its customers access to a worldwide network, covering over 300 destinations thanks to Air France, KLM Royal Dutch Airlines and Transavia, mainly from its hubs at Paris-Charles de Gaulle and Amsterdam-Schiphol.Its Flying Blue frequent flyer programme is one of the leaders in Europe with over 16 million members.Together with its partners Delta Air Lines and Virgin Atlantic, Air France-KLM operates the largest transatlantic joint venture, with more than 275 daily flights in 2019. Air France-KLM is also a member of the SkyTeam alliance which has 19 member airlines, offers access to a vast global network and provides its customers with a seamless and quality travel experience.Air France-KLM is fully committed to sustainability and will accelerate to reduce its environmental footprint. The aim is to make a significant contribution to the UN Sustainable Development Goals in connection with the Group’s activities.

More information on: www.airfranceklm.com and on Twitter: @AirFranceKLM

About TotalTotal is a broad energy company that produces and markets fuels, natural gas and electricity. Our 100,000 employees are committed to better energy that is more affordable, more reliable, cleaner and accessible to as many people as possible. Active in more than 130 countries, our ambition is to become the responsible energy major.

More information on: www.total.com and on Twitter: @TotalPress

About Groupe ADPGroupe ADP develops and manages airports, including Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget. In 2019, the group handled through its brand Paris Aéroport more than 108 million passengers and 2.2 million metric tons of freight and mail at Paris-Charles de Gaulle and Paris-Orly, and more than 110 million passengers in airports abroad.Boasting an exceptional geographic location and a major catchment area, the Group is pursuing its strategy of adapting and modernizing its terminal facilities and upgrading quality of services. The group also intends to develop its retail and real estate businesses. In 2019, group revenue stood at €4,700 million and net income at €588 million.

Registered office: 1, rue de France, 93 290 Tremblay-en-France. Aéroports de Paris is a public limited company (Société Anonyme) with share capital of €296,881,806. Registered in the Bobigny Trade and Company Register under no. 552 016 628.

More information on: www.groupeadp.fr/en and on Twitter: @GroupeADP

About AirbusAirbus is the pioneer of a sustainable aviation and space industry for a safe and united world. The company is constantly innovating to provide efficient and technologically advanced solutions in aerospace, defense and connected services. In commercial aviation, Airbus provides modern, fuel-efficient airliners and related services. Airbus is also a European leader in defense and security, and a major global player in space. In civil and military helicopters, Airbus provides the world's most advanced solutions and services.

More information on: www.airbus.com and on Twitter: @Airbus @AirbusPress

Cautionary note

This press release, from which no legal consequences may be drawn, is for information purposes only. The entities in which TOTAL SE directly or indirectly owns investments are separate legal entities. TOTAL SE has no liability for their acts or omissions. In this document, the terms “Total” and “Total Group” are sometimes used for convenience where general references are made to TOTAL SE and/or its subsidiaries. Likewise, the words “we”, “us” and “our” may also be used to refer to subsidiaries in general or to those who work for them.

This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TOTAL SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise.

1 Sustainable aviation fuel (SAF) is a blend of conventional aviation fuel (JET-A1) and biojet fuel made from waste and residue sourced from the circular economy (animal fat, used cooking oil, etc.). Biojet fuel has similar properties to JET-A1 and produces up to 90% fewer CO2 emissions over its lifecycle compared with the fossil equivalent.

Media and Investors contacts :

Air France-KLM Press office : + 33 (0)1 41 56 56 00 - mediarelations@airfranceklm.com

Total Media Relations : +33 1 47 44 46 99 l presse@total.com l @TotalPress Investor Relations : +44 (0)207 719 7962 l ir@total.com

Groupe ADP Press contact: Lola Bourget, Head of Medias and Reputation Department, +33 1 74 25 23 23Investor Relations: Audrey Arnoux, Head of Investor Relations, +33 6 61 27 07 39 - invest@adp.fr

Airbus Press: Matthieu Duvelleroy, +33 6 29 43 15 64 - matthieu.duvelleroy@airbus.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20210518005963/en/

Copyright Business Wire 2021

Date   Source Headline
29th Sep 20207:15 amBUSUnited Kingdom: Total Acquires London’s Largest Electric Vehicle Charge Points Network
28th Sep 20207:26 amBUSBrazil: Total Exits the Foz Do Amazonas Basin
25th Sep 20207:30 amBUSRenewables: Total Strengthens Its Position in the Spanish Solar Market and Covers All Its Power Electricity in Europe With Green Energy
24th Sep 20209:25 amBUSEnergy Transition: Total Is Investing More Than €500 Million to Convert Its Grandpuits Refinery Into a Zero-crude Platform for Biofuels and Bioplastics
17th Sep 202012:38 pmBUSTotal: U.S. Department of Energy’s National Energy Technology Laboratory Announces Investment to Further Develop LH CO2MENT Colorado Project, Carbon Capture Technology
9th Sep 202012:05 pmBUSTOTAL SE: Statement in Compliance With the Article 223-16 of the General Regulation of the Financial Markets Authority (Autorité des marchés financiers)
7th Sep 20208:08 amBUSBrazil : Total Resigns From its Role of Operator in the Foz Do Amazonas Basin
3rd Sep 20204:57 pmBUSGroupe PSA and Total Create "Automotive Cells Company", a Joint Venture Dedicated to the Manufacture of Batteries in Europe
3rd Sep 20209:22 amBUSTender Offer
1st Sep 20207:08 amBUSTotal and Macquarie Partner to Develop 2GW Floating Offshore Wind Portfolio in South Korea
28th Aug 20209:49 amBUSTender Offer
27th Aug 20205:15 pmBUSTotal: United-States: SunPower completes Maxeon Solar Technologies’ Spin-Off Transaction
27th Aug 20209:10 amBUSTOTAL SE Intends to Issue Euro Denominated Undated Non-call 10 Year Deeply Subordinated Fixed Rate Resettable Notes
17th Aug 20207:15 amBUSBrazil: Total Launches Phase 3 On the Giant Mero Field Development
6th Aug 20207:23 amBUSTotal Closes the Sale of Non-Core UK Assets to NEO Energy
4th Aug 20205:30 pmBUSTotal Voting Rights
30th Jul 20201:15 pmBUSTotal Demonstrates Resilience and Maintains Dividend in Exceptionally Weak Second Quarter Environment
30th Jul 20208:40 amBUSTotal: Financial Report - 1st half 2020
30th Jul 20207:55 amBUSTotal Gabon Divests its Portfolio of Mature Non-Operated Assets
30th Jul 20207:55 amBUSTotal Announces Third Significant Discovery in Block 58 Offshore Suriname
30th Jul 20207:30 amBUSTotal Maintains the Second 2020 Interim Dividend at €0.66/share
29th Jul 20205:55 pmBUSShort Term Price Revision and Climate Ambition: Total Announces Exceptional 8 B$ Asset Impairments Including 7 B$ in Canadian Oil Sands
28th Jul 202010:58 amBUSEgypt: Total Announces Gas Discovery in Shallow Waters
27th Jul 20202:20 pmBUSTotal and Indian Oil Form Joint Company in India to Offer High-Quality Bitumen Derivatives
27th Jul 202010:20 amBUSUnited Kingdom: Total Sells the Lindsey Refinery
20th Jul 20207:00 amBUSTOTAL becomes a European Company
17th Jul 20206:25 pmBUSTotal Announces the Signing of Mozambique LNG Project Financing
15th Jul 20207:28 amBUSTrading Statement
14th Jul 20207:21 amBUSTotal: Results of the Option to Receive the Final 2019 Dividend in Shares
8th Jul 202012:10 pmBUSTotal Voting Rights
3rd Jul 20202:59 pmBUSTotal: Coalition for the Energy of the Future: 11 Major International Companies Join Forces to Accelerate the Energy Transition in Transport and Logistics
26th Jun 20208:45 amBUSTotal: Brazil: Production Ramp-Up on Iara with the Start-Up of the Second FPSO
25th Jun 202012:30 pmBUSAlgeria: Total and Sonatrach Extend Their Partnership in Liquefied Natural Gas
11th Jun 20209:00 amBUSStatement in Compliance With the Article 223-16 of the General Regulation of the Financial Markets Authority (Autorité des marchés financiers)
8th Jun 20207:39 amBUSTotal joins the “Getting to Zero Coalition” to Contribute to Shipping Industry’s Decarbonization
3rd Jun 20203:41 pmBUSTotal Enters Into a Giant Offshore Wind Farm Project in Scottish North Sea
29th May 202012:30 pmBUSTotal: Combined Shareholders’ Meeting of May 29, 2020
29th May 202012:25 pmBUSTotal Announces the Payment Terms of the Final 2019 Dividend Following the Shareholders’ Meeting of May 29, 2020
27th May 20202:58 pmBUSResults of the 2020 Capital Increase Reserved for Employees of the Total Group
26th May 20207:00 amBUSAviation: Total and Gaussin Developing World's 1st Full Electric Aircraft Refueller Transporter
20th May 20207:50 amBUSTotal Confirms the Sale of UK Assets to NEO Energy
19th May 20207:26 amBUSPlastic Recycling: Total and PureCycle Technologies Form a Strategic Partnership
18th May 20207:35 amBUSTotal Discontinues the Acquisition of Occidental Petroleum’s Assets in Ghana
18th May 20207:20 amBUSElectricity & Gas: Total Becomes One of the Leading Suppliers in Spain
15th May 20206:25 pmBUSTotal: Historic Investment Decision for Transport and Storage of CO₂
15th May 20206:15 pmBUSTotal Is Exploring Quantum Algorithms to Improve CO2 Capture
13th May 20204:20 pmBUSTotal Voting Rights
6th May 20207:00 amBUSTOTAL: Convening of the Shareholders Meeting to be held on May 29, 2020
5th May 202011:38 amBUS1st Quarter Results
5th May 202010:46 amBUSTotal Adopts a New Climate Ambition to Get to Net Zero by 2050

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.