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Business Air News
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iFuel and Total forge deal with sustainability at the centre
By 2024, following an investment totalling more than €500 million, Total will focus on four new industrial activities including sustainable aviation biofuels. This aligns nicely with the interests of young broker iFuel.
iFuel is headquartered in Zug, and its representative offices can be found in Vienna, Barcelona, London, Moscow, and Dubai.

iFuel has signed an agreement with Air Total, one of the most prominent fuel suppliers on the market. As a young aviation fuel broker, iFuel is constantly in search of new suppliers to expand the range of options it can offer to its clients. It says that the Total agreement is one of its most important deals to date.

Total Aviation is one of the world’s largest suppliers of aviation fuel in France, Europe and Africa. General aviation, business aviation, airports and airlines all receive personal service. The company supplies 280 airlines in 300 airports around the world.

“We are very proud to announce that, in such hard times as the pandemic, we have managed to pair up with Total Aviation,” says Rinad El-Rabaa, iFuel’s founder and CEO. “This direct agreement is a big step for us. It will open up a much wider range of fuel solutions for our clients and ensure that they always get the best deals even from one of the biggest aviation fuel suppliers.”

Additionally, Total recently announced that, within the framework of its net zero strategy, it will convert its Grandpuits refinery in France into a zero-crude platform. By 2024, following an investment totalling more than €500 million, the platform will focus on four new industrial activities including sustainable aviation biofuels.

This goes hand-in-hand with iFuel’s mission. The broker believes in the immediate need to make travel by air less harmful to the environment.

Other News
 
Coalition urges consistency and flexibility in SAF rules
August 7, 2024
Without the right approach and flexibility with greenhouse gas rules, a coalition of business aviation entities fears the US will not be able to meet the SAF Grand Challenge goal of net-zero carbon emissions by 2050.