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Qatar Air Targets Cleaner Fuel for Flights With Stake in Byogy

Qatar Airways Ltd. plans to invest in California’s Byogy Renewables Inc. to produce cleaner jet fuel from alcohol, curbing carbon output to meet emission goals.

“We’re looking to underwrite an investment into Byogy of up to 10 percent, coupled with an off-take agreement,” Chris Schroeder, senior manager of corporate social responsibility, environment and fuel optimization, said by phone, declining to disclose the value of the transaction. “This will enable the company to go into the market and look for further equity investment or other partners.”