Southwest Airlines completed the acquisition of SAFFiRE Renewables.

Southwest Airlines, a major airline operator, completed the acquisition of SAFFiRE Renewables, a scalable, sustainable aviation fuel producer. Financial terms were not disclosed. “This acquisition marks Southwest’s transition from investor to sole owner of SAFFiRE, expressing our confidence in SAFFiRE’s technology and its potential to advance our sustainability goals as well as the goals of the broader industry. Championing SAF is a key pillar of Southwest’s Nonstop to Net Zero plan and our work toward a more sustainable future for air travel. We look forward to continuing our journey with SAFFiRE as part of our efforts to propel this promising technology forward," Bob Jordan, Southwest Airlines President & CEO.