Funds from the AFF grant will be utilized to support detailed design engineering activities for the plant, which is being developed to have an annual production capacity of fourteen kilotons (approximately five million gallons) per year of PtL SAF when it is expected to enter operations in 2026.
“The aviation industry is at a critical juncture, with a pressing need to transition towards more environmentally friendly energy sources. SAF represents one of the most promising pathways to achieving sizeable reductions in carbon emissions,” said
With the award of this grant
WLFC’s Carbonshift PtL process is designed to produce “drop-in” sustainable aviation fuel utilizing advanced technology for PtL SAF, making it available for immediate use once blended with jet fuel. WLFC’s focus on SAF is one element of the company’s broader goal to contribute to the decarbonization of aviation.
WLFC’s PtL SAF project supports the
“We are strongly committed to meeting the growing demand for sustainable aviation solutions while fostering local partnerships and propelling a collective effort towards a more sustainable future for aviation on a global scale,” said CEO Willis.
For more information, please visit www.willissustainablefuels.com.
Except for historical information, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties. Do not unduly rely on forward-looking statements, which give only expectations about the future and are not guarantees. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update them. Our actual results may differ materially from the results discussed in forward-looking statements. Factors that might cause such a difference include, but are not limited to: the effects on the airline industry and the global economy of events such as war, terrorist activity and the COVID-19 pandemic; changes in oil prices, rising inflation and other disruptions to world markets; trends in the airline industry and our ability to capitalize on those trends, including growth rates of markets and other economic factors; risks associated with owning and leasing jet engines and aircraft; our ability to successfully negotiate equipment purchases, sales and leases, to collect outstanding amounts due and to control costs and expenses; changes in interest rates and availability of capital, both to us and our customers; our ability to continue to meet changing customer demands; regulatory changes affecting airline operations, aircraft maintenance, accounting standards and taxes; the market value of engines and other assets in our portfolio; and risks detailed in the company’s Annual Report on Form 10-K and other continuing reports filed with the
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