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Syntholene Energy Corp Secures Expression of Interest from Icelandair for 250 Million Liters of Synthetic Sustainable Aviation Fuel (eSAF) Over 10 Years
Chicago, Illinois--(Newsfile Corp. - January 20, 2026) - SYNTHOLENE ENERGY CORP (TSXV: ESAF) (FSE: 3DD0) ("Syntholene"), a leader in low-cost synthetic fuel, announces it has signed a non-binding Expression of Interest (the "EOI" or the "Agreement") with Icelandair, Iceland's leading hub carrier. The Agreement outlines Icelandair's interest in purchasing 20,000 tonnes (~25,000,000 liters) of synthetic sustainable aviation fuel (eSAF) annually over 10 years, upon upscaled production and given...
About this update from Icelandair Group Hf
[{"type":"text","content":"Chicago, Illinois--(Newsfile Corp. - January 20, 2026) - SYNTHOLENE ENERGY CORP (TSXV: ESAF) (FSE: 3DD0) ("Syntholene"), a leader in low-cost synthetic fuel, announces it has signed a non-binding Expression of Interest (the "EOI" or the "Agreement") with Icelandair, Iceland's leading hub carrier. The Agreement outlines Icelandair's interest in purchasing 20,000 tonnes (~25,000,000 liters) of synthetic sustainable aviation fuel (eSAF) annually over 10 years, upon upscaled production and given competitive pricing, reinforcing the airline's commitment to reducing its carbon footprint and advancing global aviation sustainability.","length":675,"tagName":"p"},{"id":"CnV0VXGJnVg","subtype":"videoIframe","type":"youtube","url":"https://www.youtube.com/embed/CnV0VXGJnVg","width":560,"height":315,"anchorId":"6496e9a0-f797-50d2-b79c-24e5f8fe5c93"},{"type":"text","content":"Cannot view this video? Visit:https://www.youtube.com/watch?v=CnV0VXGJnVg","length":74,"tagName":"p","attribs":{}},{"type":"text","content":""The transition to sustainable aviation fuel will only happen if production is scaled up and competitive pricing ensured," says Icelandair CEO Bogi Nils Bogason. "Working with Syntholene aligns with our focus on proportionately reducing carbon emissions while meeting regulatory SAF mandates."","length":313,"tagName":"p"},{"type":"text","content":""Iceland is one of our key regions as we work with leaders across their energy sector to deliver local production of synthetic fuels for their domestic and future export markets," stated Syntholene CEO Dan Sutton. "We are proud to be working with Icelandair to support its commitment to work towards sustainable development of aviation. With eSAF mandates accelerating in pivotal markets such as the EU Economic Zone and UK, partnerships like this are key to meeting rising demand."","length":502,"tagName":"p"},{"type":"text","content":"The EOI represents a commercial validation for Syntholene and its opportunity to meet the European Union's commitment to decrease aviation emissions, showcasing the demand for its low-cost eSAF and its ability to deliver scalable, sustainable fuel solutions to meet industry needs in aviation and beyond.","length":308,"tagName":"p"},{"type":"text","content":"The European Union A...