Latest news with #cargoairline
Associated Press
3 days ago
- Business
- Associated Press
FedEx Takes Delivery of Sustainable Aviation Fuel (SAF) From Neste at LAX
MEMPHIS, Tenn., June 9, 2025 /3BL/ - FedEx (NYSE: FDX) has announced an agreement with Neste, the world's leading producer of sustainable aviation fuel (SAF) and renewable diesel, securing more than three million gallons of blended sustainable aviation fuel (SAF) for delivery at Los Angeles International Airport (LAX) to the world's largest express cargo airline. Through this agreement, FedEx has purchased blended fuel from Neste, to include a minimum of 30% neat Neste MY Sustainable Aviation Fuel. As used in its blended form, the fuel will account for roughly a fifth of all jet fuel consumed annually by FedEx at LAX* and is the largest SAF purchase executed by a U.S. cargo airline at LAX to-date. Delivery of the fuel began earlier this month and will continue over the next year. 'Procuring SAF is an important component of our aviation emissions-reduction strategy in the coming years, and we are pleased to have executed a deal with Neste to begin using this fuel in our air operations,' said Karen Blanks Ellis, chief sustainability officer and vice president of Environmental Affairs, FedEx. 'Our aviation network represents the largest amount of FedEx fuel use globally and, as a result, is our biggest opportunity to drive down emissions. As we work toward our goal of carbon-neural operations by 2040, we need the SAF market to continue to grow to meet industry demand.' 'As the world's preeminent express transportation company, our initial U.S. deployment of this fuel advances our sustainability goals and bolsters the aviation industry's efforts to source and use more SAF,' said Richard Smith, chief operating officer, International, and chief executive officer, Airline, FedEx. 'While we know further growth of the SAF market is needed—alongside other innovations—we are proud to celebrate this milestone with our world-class air network.' 'Neste is excited to work with FedEx and support their ambitious goal of reaching carbon-neutral operations by 2040 with our SAF. Recognizing the important role of air cargo in the global economy, FedEx is demonstrating how this industry can leverage available lower-emission solutions like SAF to reduce its environmental impact. We look forward to further strengthening our cooperation,' says Carl Nyberg, Senior Vice President, Commercial, Renewable Products at Neste. This fuel purchase by FedEx builds upon years of the company's efforts to co-create innovative sustainable aviation technologies with other industry leaders, including the ecoDemonstrator flight-test program with Boeing—the world's first commercial airplane flight using 100% SAF in both engines that was conducted in 2018. In addition to the procurement of SAF, FedEx is pursuing multiple avenues to improve efficiency and reduce fuel consumption in its aviation operations overall, including aircraft fleet modernization, fuel conservation initiatives, and flight planning optimization. Collectively, fleet modernization and fuel saving efforts enabled FedEx in fiscal year 2024 to successfully achieve its goal of a 30% reduction in aviation emissions intensity from a 2005 baseline. FedEx set its first aviation emissions intensity reduction goals back in 2008. Sustainable aviation fuel, explainedSustainable aviation fuel is a more sustainable alternative to conventional, fossil-based jet fuel, largely driven by lower emissions from the feedstocks used in the fuel production process. Neat SAF is blended with conventional jet fuel before use and is considered a 'drop-in' fuel, meaning it works within existing aircraft engines and fueling infrastructure without any equipment updates. Neste MY Sustainable Aviation Fuel reduces greenhouse gas emissions by up to 80%** over the fuel's life cycle, compared to using conventional jet fuel. Neste SAF is made from 100% renewable waste and residue raw materials, such as used cooking oil and animal fat waste. While SAF production continues to grow in the U.S. and internationally, SAF accounted for less than 1% of all global jet fuel production in 2024. Amid the need for greater alternative fuel availability and accessibility for all airlines, FedEx will continue to advocate for expanded production and highlight SAF's potential environmental and economic benefits. Learn more about the FedEx sustainability strategy and the company's goal of carbon neutral global operations by 2040 here: * Based on FY25 fuel use forecasts ** When used in neat form (i.e. unblended) and calculated with established life cycle assessment (LCA) methodologies, such as CORSIA methodology About FedEx FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce, and business services. With annual revenue of $88 billion, the company offers integrated business solutions utilizing its flexible, efficient, and intelligent global network. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 500,000 employees to remain focused on safety, the highest ethical and professional standards, and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit Certain statements in this press release may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act, such as statements regarding business strategies and management's views with respect to future events, and the assumptions underlying such expected statements. Forward-looking statements include those preceded by, followed by or that include the words 'will,' 'may,' 'could,' 'would,' 'should,' 'believes,' 'expects,' 'forecasts,' 'anticipates,' 'plans,' 'estimates,' 'targets,' 'projects,' 'intends' or similar expressions. Such forward-looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from historical experience or from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to, our ability to achieve our goal of carbon-neutral operations by 2040 and other factors which can be found in FedEx Corp.'s and its subsidiaries' press releases and FedEx Corp.'s filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made. We do not undertake or assume any obligation to update or revise any forward--looking statement, whether as a result of new information, future events, or otherwise. Click here to learn about FedEx Cares, our global community engagement program. Visit 3BL Media to see more multimedia and stories from FedEx
Daily Mail
23-05-2025
- Daily Mail
Pilot warns Americans about 'disaster' airport ahead of Memorial Day Weekend
A pilot flying out of New Jersey 's Newark Airport says the experience was a complete 'disaster' and is warning Memorial Day travelers to prepare for major delays. Peter, the first officer for a major cargo airline, shared on TikTok what's going on behind the scenes at the beleaguered airport which has already been thrown into chaos by repeated radar blackouts. The co-pilot of a Boeing 767 cargo plane revealed on Wednesday that his flight was forced to wait to take off for nearly an hour because over two dozen planes were all using the same runway. 'Holy cow, was that a disaster!' Peter said. 'We were number 27 for takeoff, and that's for multiple reasons.' Those reasons included two runways at Newark being closed for construction, leading to a backup that the pilot said was bigger than he'd ever seen before. 'Unbelievable. It took us 57 minutes from pushback to takeoff behind all these airplanes,' the veteran pilot said as he showed a live map of all the aircraft waiting to use this one runway at New Jersey's busiest airport. Peter, who did not use his last name on social media, then warned Memorial Day weekend travelers that they should expect delays and even cancellations if they're flying into or out of Newark. Transportation Security Administration officers screened more than 75,000 people at Newark security checkpoints May 22, with about 70,000 more on today. By 5pm ET on Friday, there were already 182 delays and seven cancelled flights at Newark, which is the second-busiest airport in the New York-New Jersey area, behind only JFK Airport. Memorial Day is one of the biggest travel weekends of the year, and the American Automobile Association (AAA) project that a record 45.1 million people will travel at least 50 miles between Thursday and Monday. Millions will be traveling by plane, but the numbers are expected to be significantly lower out of Newark after a series of terrifying failures in the air traffic control tower. Since April 28, there have been three power outages that left radar screens dark while air traffic controllers were directly planes in the air along the East Coast. The Federal Aviation Administration (FAA) released a statement on X, revealing the blackout was caused by a 'telecommunications outage' at Philadelphia Terminal Radar Approach Control (TRACON) Area C. This control center, located 90 miles away at the Philadelphia International Airport, has been managing air traffic for Newark Airport since July 2024 because of staffing shortages in the New York-New Jersey region. However, connection issues led to April 28's 90-second blackout, as well as two more radar outages on May 9 and May 11. All of the incidents caused ground stops at Newark and led to hundreds of delays and cancelled flights. After the April 28 radar blackout, officials with United Airlines claimed that more than 20 percent of Newark's tower controllers allegedly 'walked off the job.' Officially, several of the air traffic controllers used their 'trauma leave' following the radar blackout last month. Under the Federal Employees Compensation Act, government workers who experience work-related injuries or illnesses, including psychological trauma or stress-related conditions, are able to take up to 45 days off at full pay. As for the trouble plaguing Newark this week, Peter said that it had nothing to do with the air traffic controllers in the tower. 'Ten out of ten, excellent job. Super, super skilled getting airplanes airborne as quickly as possible while dealing with airplanes coming in to land,' he said, adding that he still believes flying out of the airport is completely safe. Airline executives and US transportation officials are reportedly planning to meet to work on a plan that will shift air traffic away from the New Jersey airport. According to Bloomberg, carriers would voluntarily cut the number of flights heading to Newark for a limited period, potentially affecting millions of travelers. The discussions for slashing service out of Newark Airport are scheduled to begin in the next few weeks. After the first radar blackout, US Transportation Secretary Sean Duffy announced a plan for sweeping upgrades to America's air traffic control system. However, Duffy admitted the Trump Administration is racing against time to prevent a major airline tragedy. 'You're starting to see cracks in the system,' Duffy said during a press conference on May 8. 'It's our job to actually see over the horizon what the issues are and fix it before there is an incident that we will seriously regret.' 'We are on it. We are going to fix it. We are going to build a brand new system for all of you and your families and the American people,' the transportation secretary added.
