The MOU was signed at Korean Air’s headquarters by Jaedong Eum, Senior Vice President and Head of Cargo Business Division at Korean Air, and Keun Taek Oh, Vice President and Head of Air Freight Business Unit at LX Pantos.
In September, Korean Air launched a SAF program to help customers and forwarders reduce their carbon footprint and LX Pantos is the inaugural partner in the program.
LX Pantos will purchase SAF Korean Air’s cargo operations and the airline will share the emissions reductions accordingly.
Eum says, “We are delighted to welcome LX Pantos as our first partner in the joint initiative for the future of sustainable aviation fuel (SAF). Together, we hope to cooperate closely to expedite the commercialisation of SAF, a common goal in the aviation industry, and enhance awareness of SAF utilisation in the Korean market.”
Oh adds, “Decarbonising the air logistics industry is a key survival factor for the future. LX Pantos will strengthen its ESG activities and take a leading role in creating a sustainable logistics environment through cooperation with Korean Air on SAF.”