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American Airlines, Google Sign Agreement for Sustainable Aviation Fuel Certificates

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American Airlines (AAL) and Alphabet's (GOOG, GOOGL) Google entered into an agreement for sustainable aviation fuel certificates, the companies said Tuesday.

The agreement will unlock 35 million gallons of sustainable aviation fuel over three years, with American purchasing and taking delivery of the physical fuel for Chicago O'Hare International Airport through existing infrastructure, the companies said.

Additionally, Google will receive the environmental benefits to help address its emissions from employee business travel through the sustainable aviation fuel certificates registry, according to the companies.

Financial terms related to the agreement were not disclosed.

Price: $13.84, Change: $+0.24, Percent Change: +1.73%

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