"Expansion of Eco-Friendly Fuel 'SAF'"... Korean Air Partners with Japanese Logistics Company
Japan Yusen Logistics Joins Korean Air's 'SAF Cooperation Program'
Korean Air has decided to collaborate with the Japanese logistics company Yusen Logistics on the use of sustainable aviation fuel (SAF).
On the 10th, Korean Air announced that it recently signed a 'Sustainable Aviation Fuel (SAF) Cooperation Program Participation Agreement' with Yusen Logistics. Accordingly, both companies have agreed to promote the use of SAF in the Asian region, raise awareness, and participate in the aviation logistics industry's response to climate change.
Yusen Logistics is the first Japanese partner in Korean Air's 'SAF Cooperation Program,' which has been operating since September last year. Korean Air's SAF Cooperation Program, the first of its kind in the domestic air cargo sector, was established to build an eco-friendly logistics ecosystem. Partner companies participate in purchasing SAF used for cargo transportation, and Korean Air shares the carbon emission reduction results achieved through SAF usage with its partners.
SAF is an eco-friendly aviation fuel made from crops such as corn and sugarcane, as well as waste cooking oil. It is similar to biodiesel but undergoes a carbon reduction process during production. Although it is 2 to 5 times more expensive than conventional jet fuel (fossil fuel aviation fuel), it reduces carbon emissions by more than 75%. The European Union (EU) plans to mandate the use of SAF for aircraft using its airports starting in 2025. The United States is also increasing adoption worldwide by offering tax credit benefits.
Um Jae-dong, Head of Korean Air's Cargo Business Division, said, "We will continue to strengthen cooperation that contributes to decarbonization with our clients and strive for the sustainable development of the air cargo industry."
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Fukagawa Eisuke, Global Air Forwarding General Manager of Yusen Logistics, stated, "Through our partnership with Korean Air, we hope to support our clients' decarbonization efforts and contribute to the expansion of SAF supply."
At the headquarters of Yusen Logistics in Tokyo, Japan, Eom Jae-dong, Head of Cargo Business Division at Korean Air (right), and Eisuke Fukagawa, Global Air Forwarding General Manager at Yusen Logistics, are posing for a commemorative photo. (Photo by Korean Air)
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