New Delhi, Jan. 29 -- Akasa Air has signed a Letter of Intent (LoI) with Indian Oil Corporation Ltd (IOC), at Wings India 2026 to explore the future supply of Sustainable Aviation Fuel (SAF).

The LoI outlines a framework for collaboration aimed at supporting Akasa Air's sustainability goals by potentially providing SAF, a key pathway for reducing lifecycle greenhouse gas emissions in aviation and advancing the sector's transition to net-zero emissions.

"This LoI reflects our commitment to scaling low-carbon fuels and supporting our customers in their energy transition," said Shailesh Dhar, Country Head (Aviation Business) at IOC.

The partnership will focus on evaluating SAF supply volumes, delivery locations, timelines, and the use of ap...