• Introducing new partnership with SkyNRG, pioneer and global leader in sustainable aviation fuel
• Success of its current sustainability plan, which has seen 80% of Members join plan to reduce carbon footprint
• Technology-led optimization, reducing fuel consumption by an average of 8% per flight since January 2020
LONDON, Sept. 23, 2020 (GLOBE NEWSWIRE) -- VistaJet, the first and only global business aviation company, today announces the progress it has made on its Sustainability in Aviation pledge, launched in January 2020, to rapidly and meaningfully reduce its carbon footprint, and to explore all routes to higher levels of sustainability. The company is also announcing a market-leading partnership with SkyNRG, pioneer and global leader for sustainable aviation fuel (SAF).
The SAF industry has made advancements since its inception, yet the availability of sustainable fuels for jet airplanes is still limited due to financial, technical, and regulatory reasons. With air travel centered around hubs and the 20 busiest airports in the world handling nearly one-fifth of all air passenger traffic, this should make it easier for the new energy source to be fully adopted by operators*. However, a decade after their introduction, there are only a few hubs globally where sustainable biojet fuel is available and it still only accounts for less than 0.1% of total aviation fuel consumption.
As a fundamental step to further increase sustainability, VistaJet has signed a new partnership with SkyNRG, offering all VistaJet customers around the world access to sustainable aviation fuel. This will promote substantial reductions in aviation carbon emissions, and increase stable demand and availability around the world. Partnering with SkyNRG will offer VistaJet customers the most sustainable, cost-effective and scalable solution to decarbonize their flights, while helping to grow adoption across the entire industry.
As a core component of the Sustainability in Aviation program, VistaJet undertook a greenhouse gas (GHG) emissions audit with South Pole, an award-winning project developer and global provider of climate action solutions. To coincide with Climate Week NYC, VistaJet provides its first progress update on its eight pillars of sustainability, and key findings are as follows:
Next Steps for the Industry: VistaJet’s Call to Action
Although private aviation plays a relatively limited role in the global landscape of carbon emissions, producing around 0.04%**** of all human-induced CO2 emissions, demand for mobility is increasing, despite a decline in passenger demand this year due to the COVID-19 pandemic.
While the aviation industry has started discussing on multiple fronts with regulators, leaders in aviation cannot wait and must lead the way by investing in all available, robust solutions to drive the transition to zero carbon. VistaJet has dedicated itself to reducing its environmental footprint and affect positive change through innovation. Thomas Flohr, Founder and Chairman of VistaJet, said “VistaJet is committed to making aviation better. Today, this means changing the way we operate, to benefit not only our customers, but the whole global community. In this spirit, I hope our private aviation partners and peers will do the same, working collaboratively to bring change faster, as this is the only way for the fragmented industry to take full responsibility for the long-term health of the planet. In addition to adhering to market-based measures and improving existing infrastructure, enhancing operational procedures and developing new technological innovations is crucial. We are positive about the future, and we believe together we can transform business aviation for the long-term good.”
Jennifer Farquhar | VistaJet | email@example.com
Notes for Editors
For more information on VistaJet’s sustainability promise, its priority to reduce its carbon footprint meaningfully and fast, and to download the Sustainability in Aviation whitepaper, visit vistajet.com/sustainability.
** Between 1 January 2020 and 30 June 2020
**** The global aviation industry produces around 2% of the world’s total human-induced CO2 emissions. Private aviation’s current share of the aviation industry’s global carbon footprint is 2% — so 0.04% of the total emissions.
VistaJet is the first and only global business aviation company. On its fleet of over 70 silver and red business jets, VistaJet has flown corporations, governments and private clients to 187 countries, covering 96% of the world. Founded in 2004, the company pioneered an innovative business model where customers have access to an entire fleet whilst paying only for the hours they fly, free of the responsibilities and asset risks linked to aircraft ownership. VistaJet’s signature Program membership offers customers a bespoke subscription of flight hours on its fleet of mid and long-range jets, to fly them anytime, anywhere.
VistaJet is part of Vista Global Holding — the world’s first private aviation ecosystem, integrating a unique portfolio of companies offering asset-light solutions to cover all key aspects of business aviation. More VistaJet information and news at vistajet.com
VistaJet Limited is a European air carrier that operates 9H registered aircraft under its Maltese Air Operator Certificate No. MT-17 and is incorporated in Malta under Company Number C 55231. VistaJet and its subsidiaries are not U.S. direct carriers. VistaJet-owned and U.S. registered aircraft are operated by properly licensed U.S. air carriers, including XOJET Aviation LLC.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/54939574-b614-46db-89c2-c7e033d7c6a5