Wizz Air Signs Saf Deal for up to 185,000 Tons of Fuel
Wizz Air recently won the CAPA’s Most Global Sustainable Airline Group of the Year award. It was able to lower its CO2 emissions per passenger kilometer by investing in technology like Airbus neo aircraft, but it doesn’t intend to stop there. On Tuesday, Wizz and Austrian oil, gas and chemical company OMV announced they had signed an agreement that could help produce 185,000 tons of sustainable aviation fuel every year.
Crucial part of Wizz’s marketing strategyThe Memorandum of Understanding between the two parties includes work on Wizz Air’s strategy to reach its targets of lowering carbon intensity by 25% by 2030 and reaching net-zero carbon emissions by 2050. Since we started with a small team, we’ve made over 250 million euros in sales. At Wizz Air, we have used innovative technology to change the way that we operate to achieve our best environmental performance. By continuously investing in emerging technologies and operating the most efficient aircraft in a responsible way, Wizz Air has been able to reduce their emissions intensity by 25% by the end of the 2020s. SAF plays a significant role in this commitment. “By choosing to fly with Wizz Air for their flights, customers are making the most responsible choice of air travel available.” In the summer of this past year, Wizz did a sustainability demonstration flight that took off from Bucharest and landed in Lyon-Saint Exupéry Airport. For this demonstration flight, they used a 30% SAF blend. Because they were able to reduce their CO2 emissions by 12.8%, they were able to do an incredible service not just for their country’s environmental footprint but for ours as well.
Do oil and gas companies aim for net zero?OMV is one of Austria’s largest companies, and it’s also the country’s most sustainable. But what makes OMV sustainable? In the near future the company plans to scale its emissions-free production to as much 6 tons by 2030 and reach net-zero status by 2050 at the latest. Nina Marczell, OMV Vice President Aviation, Fuel Distribution & Public Sector commented on the agreement with Wizz Air. “The cooperation between OMV and Wizz Air will help us achieve our respective strategic sustainability goals by maximizing the collaboration with Wizz Air,” said Victor G. rivas, chief executive officer of Edinburgh Airport. “With Wizz Air we were able to gain a strong international partner that has helped us share material resources like knowledge and experience.”