Business
Air Canada and Airbus launch joint initiative to scale domestic Canadian SAF and help reduce the life-cycle emissions of corporate travel
Air Canada and Airbus launch joint initiative to scale domestic Canadian SAF and help reduce the life-cycle emissions of corporate
About this update from Air Canada
MONTRÉAL, July 20, 2026 (GLOBE NEWSWIRE) -- Air Canada, the country’s largest airline and flag carrier, and Airbus, a global leader in aerospace manufacturing with the largest commercial aircraft industrial footprint in Canada, are uniting their shared commitment to aviation decarbonisation. To lead the way in advancing these goals, the two aviation pioneers are proud to announce their intent to establish a jointly funded Sustainability Co-Investment Platform. This agreement states a shared objective to invest up to approximately C$13.7 million (US$10 million), through the platform to support a commercial-scale Sustainable Aviation Fuel (SAF) industry in Canada. Both companies are confident that, with a supportive public policy framework in place, this investment can serve as a catalyst for the broader Canadian SAF ecosystem. Key focus areas include accelerating a jointly agreed Canadian SAF project toward a Final Investment Decision (FID). While Air Canada and Airbus intend to drive this investment, both companies look forward to continuing their constructive collaboration with government partners to establish the right structural frameworks to support SAF production to emerge at scale in Canada. Their ongoing joint advocacy alongside the Canadian Sustainable Aviation Fuel Coalition (C-SAF) reflects a shared commitment to working with federal and provincial governments. By aligning industry initiatives with supportive public policy mechanisms, they can successfully champion domestic SAF production and price competitiveness, with the objective to make renewable fuels available for the Canadian aerospace industry and to preserve affordability of air travel. “Air Canada is proud to help advance aviation’s energy transition in Canada. Through this joint initiative with Airbus, we are taking meaningful steps toward supporting domestic SAF production, helping corporate customers address the emissions associated with business travel, and contributing to a lower-carbon path for the industry. With continued industry collaboration and a supportive policy environment, we are confident this momentum can accelerate,” said Valerie Durand, Vice President, Airport Affairs, Corporate Real Estate and Sustainability at Air Canada. “I want to thank Air Canada for this very important joint sustainability initiative. Decarbonising aviation will require deep industry collabora...