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Aer Lingus Owner IAG Invests in UK Green Fuel Start-Up Company
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Aer Lingus Owner IAG Invests in UK Green Fuel Start-Up Company
Airline group International Airlines Group (IAG) – which owns Aer Lingus, Iberia, British Airways, LEVEL and Vueling – has participated in the £20.75m (€24m) Series B funding round for OXCCU, a UK-based sustainable aviation fuel (SAF) innovator. IAG has been joined by new and existing investors including Safran Corporate Ventures, Orlen and Aramco Ventures, among others. IAG invested in OXCCU through IAGi Ventures, its dedicated corporate ventur…
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