廣告
香港股市 已收市
  • 恒指

    16,541.42
    +148.58 (+0.91%)
     
  • 國指

    5,810.79
    +82.66 (+1.44%)
     
  • 上證綜指

    3,010.66
    +17.52 (+0.59%)
     
  • 滬深300

    3,520.96
    +18.18 (+0.52%)
     
  • 美元

    7.8261
    +0.0031 (+0.04%)
     
  • 人民幣

    0.9228
    -0.0004 (-0.04%)
     
  • 道指

    39,807.37
    +47.29 (+0.12%)
     
  • 標普 500

    5,254.35
    +5.86 (+0.11%)
     
  • 納指

    16,379.46
    -20.06 (-0.12%)
     
  • 日圓

    0.0514
    -0.0000 (-0.06%)
     
  • 歐元

    8.4423
    -0.0268 (-0.32%)
     
  • 英鎊

    9.8760
    -0.0090 (-0.09%)
     
  • 紐約期油

    83.02
    +1.67 (+2.05%)
     
  • 金價

    2,240.80
    +28.10 (+1.27%)
     
  • Bitcoin

    70,650.29
    +1,694.82 (+2.46%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     

Alaska Airlines, Gevo Ink Sustainable Aviation Fuel Agreement

  • Biofuel company Gevo, Inc. (NASDAQ: GEVO) has entered a new fuel sales agreement with Alaska Airlines Group Inc (NYSE: ALK).

  • Alaska Airlines is set to offtake 185 million gallons of sustainable aviation fuel from Gevo over five years, beginning in 2026.

  • The agreement allows Alaska Airlines to purchase 37 million gallons per year of sustainable aviation fuel (SAF) for five years.

  • Alaska Airlines is a member of oneworld global alliance, and this agreement falls under the purview of an MoU that the parties signed in March 2022.

  • Also Read: Gevo Inks Sustainable Aviation Fuel Pact With American Airlines

  • To make renewable jet fuel, Gevo utilizes waste starch (or sugars) from field corn that has been utilized in the production of high-protein animal feed. These non-edible waste products are fermented into alcohol and then chemically converted to a renewable jet fuel through proprietary processes.

  • Price Action: ALK shares are trading higher by 3.98% at $46.27 and GEVO lower by 1.14% at $3.03 on the last check Wednesday.

See more from Benzinga

廣告

Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.