Announced
Financials
Tags
Friendly
Single Bidder
sustainable fuels
Domestic
Minority
Pending
Alternative Fuels
United States
Acquisition
Private
Synopsis
Southwest Airlines, a major American airline, agreed to invest $30m in LanzaJet, a sustainable fuels technology company. "Our launch of SARV and our investment in LanzaJet demonstrate that we are not sitting on the sidelines. Rather, we're in the game by taking proactive, disciplined steps toward securing affordable SAF for Southwest, as we continue to march toward our goal of net zero by 2050. We look forward to working with companies and organizations developing important technology, like LanzaJet, which could help us meet our SAF goals," Bob Jordan, Southwest Airlines President & CEO.
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