VistaJet Adds More to its Sustainable Journey

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by KnowESG
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VistaJet is the world's first and only global business aviation company. As part of its plan to make aviation more environmentally friendly, the company has agreed with AEG Fuels to buy Sustainable Aviation Fuel (SAF) made by OMV at Vienna International Airport. The agreement will speed up VistaJet's journey to carbon neutrality by 2025. It will lead the industry by integrating several environmental initiatives into its operations.

VistaJet has promised to use a blended SAF instead of more than 200,000 USG of regular jet fuel. Over the lifecycle of the fuel, this is expected to cut CO2 emissions by over 165,000 kg, or 80%, compared to traditional jet fuel. This SAF is manufactured following the EU Renewable Energy Directive (EU RED).

VistaJet, founded in 2004, revolutionised business aviation by providing access to a worldwide fleet without the need to own an aircraft. This new way to fly means fewer aircraft are produced, and also reduced repositioning flights, as the fleet is managed on a floating model instead of the wasteful hub-and-spoke system.

VistaJet made a promise in April 2021 that all of its operations would be carbon neutral by 2025. This showed that it was serious about making changes. VistaJet's commitment is meant to get the aviation industry to step up and do more to fight climate change. It is also meant to push the sector further than the current goal of achieving net-zero carbon emissions by 2050, which is set by the civil aviation industry bodies and IATA. Only a multi-party contribution can reduce the impact in scale and bring about an industry-wide transformation to drive systemic transformation.

Thomas Flohr, Founder and Chairman, Vistajet, said: "Together as an industry we can reshape the way we conduct business. At VistaJet, we are very proud of the progress we have made, and we hope that others will adopt our recommendations. Businesses are rightfully being held accountable for their environmental impact, and our agreement with AEG Fuels not only helps in reducing GHG emissions but goes hand in hand with our ongoing efforts to practice higher sustainability to protect the local communities in the countries we operate, spanning 96% of the world.”

VistaJet also published A 2022 Action Handbook for Change in Business Aviation, which was made in collaboration with climate solutions provider and carbon project developer South Pole. This book shows how far the company has come with its market-leading environmental sustainability initiatives. The whitepaper looks in depth at how the aviation industry should respond to the climate crisis and comes up with real solutions, such as the best ways for business aviation companies to reduce the carbon footprint of their industry.

Stephen J. Leonard, Vice President of Global Supply, AEG Fuels, said: "Business and corporate jet operators are going to be key stakeholders in aviation’s decarbonisation plans as we work to achieve net-zero. We're very happy to back VistaJet's efforts to move our industry forward and set up a framework for future SAF agreements. Their individual efforts are supporting critical investments in sustainable solutions for producers and consumers in the space.”

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Source: VistaJet