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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Alaska Air Group Inc | NYSE:ALK | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.20 | 0.47% | 42.74 | 43.35 | 42.47 | 42.61 | 2,464,284 | 21:02:21 |
From Oct 2022 to Oct 2024
By Colin Kellaher
Alaska Airlines on Thursday said it would work with Shell PLC's Shell Aviation unit to expand the sustainable-aviation-fuel, or SAF, market beyond a standard fuel-supply agreement.
The Alaska Air Group Inc. unit said the agreement with Shell includes commitments to deepen understanding of the technology, infrastructure, carbon-accounting systems and public-policy support needed to bring SAF to more markets, in greater quantities and at a more sustainable long-term cost.
The carrier, which has set a goal of net-zero carbon emissions by 2040, said the companies would put particular focus on enabling supply to the West Coast and alleviating fueling-infrastructure challenges in the Pacific Northwest.
Alaska Airlines said Shell Aviation would also supply up to 10 million gallons of SAF to the carrier's hub in Los Angeles.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
March 23, 2023 08:36 ET (12:36 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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