SOUTHWEST AIRLINES LAUNCHES RENEWABLE VENTURES SUBSIDIARY TO ADVANCE SUSTAINABLE AVIATION FUEL AND ANNOUNCES INVESTMENT IN LANZAJET

DALLAS, Feb. 28, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announces the launch of Southwest Airlines Renewable Ventures (SARV), a wholly-owned subsidiary of Southwest Airlines® dedicated to creating more opportunities for Southwest to obtain scalable sustainable aviation fuel (SAF), a critical component in the success of the carrier's goal to replace 10% of its total jet fuel consumption with SAF by 2030. The carrier also announces a $30 million investment in LanzaJet, Inc., a SAF techn ...