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Gevo's sustainable aviation fuel picked up by Fort Lauderdale aviation complex

Banyan Air Service’s use of Gevo’s more carbon neutral fuel accounts for a two-metric-ton reduction in lifecycle CO2 emissions.

A Spirit Airlines A320 departing the Fort Lauderdale/Hollywood International Airport, Florida
The Englewood, Colorado-based company’s sustainable aviation fuel is created using corn starch

Gevo Inc (NASDAQ:GEVO) announced that its sustainable aviation fuel (SAF) is now being used by the aviation complex Banyan Air Service in Fort Lauderdale.

Gevo’s signature fuel was bought in concentrate by Avfuel Corporation, a provider of aviation fuels, systems, and service, which mixed it with traditional petroleum-based jet fuel, tested it for quality and delivered it to Banyan.

“Avfuel continues to work diligently to source, test, blend and ship Gevo’s SAF, which continues to raise the awareness of SAF,” CEO Patrick Gruber said in a statement. “These efforts are important because they show the viability of SAF and express to corporations that they have a choice when flying their corporate jets. This education shows other fixed based operators what they provide their customers.”

READ: Gevo echoes endorsement of a clean fuel standard from Washington Governor and Alaska Airlines

Banyan’s use of Gevo’s more carbon neutral fuel accounts for a two-metric-ton reduction in lifecycle CO2 emissions.

“We’re thankful to work with our longstanding partners like Banyan on sustainability initiatives,” Avfuel VP of Sales Joel Hirst said. “The Banyan team provides exceptional services and we’re proud to help them provide this exclusive, environmentally-friendly product — via Gevo as a supply point — to its customers, once again demonstrating that aircraft can safely fly with SAF.”

The Englewood, Colorado-based company’s fuel is created using corn starch, and for every 1 million gallons of concentrated SAF that is produced, approximately 10 million pounds of animal feed and protein is sold into the food chain, the company said. 

The final jet fuel product burns cleaner, reducing carbon emissions released into the atmosphere and benefiting the environment across its lifecycle.

Contact Andrew Kessel at [email protected] 

Follow him on Twitter @andrew_kessel

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Price: 0.78 USD

NASDAQ:GEVO
Market: NASDAQ
Market Cap: $11.4 m
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