Qantas Group, Airbus and Queensland Government to invest in biofuel facility

The Qantas Group, Airbus and the Queensland Government have come together to invest in a Queensland biofuel production facility being developed by Jet Zero Australia in partnership with LanzaJet.  The facility will turn agricultural by-products, including from sugarcane, into jet fuel and is the first project funded under the Qantas and Airbus Australian Sustainable Aviation Fuel Partnership. The Qantas Group and Airbus will jointly invest $1.34 millions of an initial US$4 million capital raising, with the Queensland Government contributing $500,700 and other Australian and International institutional funds providing additional funding. The capital raised will be used to conduct a detailed