logo
logo
Menu
  • Home
  • TRAVEL
  • HOTELS
  • RESTAURANTS
  • FOOD RETAIL
  • TECH NEWS
  • EXECUTIVE TALKS
  • EVENTS
  • Home
  • TRAVEL
  • HOTELS
  • RESTAURANTS
  • FOOD RETAIL
  • TECH NEWS
  • EXECUTIVE TALKS
  • EVENTS

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram YouTube LinkedIn
Sunday, September 24
Facebook Twitter Instagram YouTube LinkedIn
Eat ‘N StaysEat ‘N Stays
  • Home
  • TRAVEL
  • HOTELS
  • RESTAURANTS
  • FOOD RETAIL
  • TECH NEWS
  • EXECUTIVE TALKS
  • EVENTS
Home»Travel»Wizz Air And Omv Sign An A Agreement To Supply Sustainable Aviation Fuel
Travel

Wizz Air And Omv Sign An A Agreement To Supply Sustainable Aviation Fuel

eatBy eatNovember 16, 2022No Comments3 Mins Read25 Views
Facebook Twitter Pinterest LinkedIn Telegram Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email
  • Memorandum of Understanding to supply Sustainable Aviation Fuel (SAF) between 2023-2030
  • Enables Wizz Air to purchase up to 185,000 metric tons of SAF from OMV
  • Co-operation reaffirms Wizz Air’s ambitious sustainability commitment

 

Abu Dhabi, UAE: Wizz Air, Europe’s fastest growing and most environmentally sustainable airline globally[1], has signed a Memorandum of Understanding (MoU) with OMV, the international integrated oil, gas and chemicals company headquartered in Vienna, for the supply of sustainable aviation fuel (SAF) between 2023 and 2030. The MoU gives Wizz Air the opportunity to purchase up to 185,000 metric tons of SAF from OMV. This co-operation guarantees Wizz Air can progress in accordance with its plan for reduction of CO2 intensity per passenger kilometre.

Today’s announcement builds on Wizz Air’s position as the most sustainable choice of air travel and is a key part of the airline’s environmental strategy to reduce carbon emissions intensity by 25% by 2030 and reach net-zero by 2050. With the lowest CO2 intensity per passenger kilometre in Europe, one of the youngest fleets in the world, and numerous fuel efficiency initiatives, Wizz Air is already leading the aviation industry to a more sustainable future.

OMV is implementing numerous measures to help deliver its ambitious strategic sustainability goals, and SAF is a key technology for the decarbonization of the aviation industry. The goal involves increasing SAF production to as much as 700,000 tons in 2030. This is in line with OMV’s ambition to become a net zero company by 2050 at the latest (for Scopes 1, 2 and 3). To this end, clear medium-term and long-term emission reduction targets have been defined as part of the OMV Strategy 2030.

Owain Jones, Development Officer at Wizz Air, said: “We have achieved our market-leading sustainability position by continued investment in innovative technology and operating the most up-to-date aircraft in the most efficient way.  Wizz Air’s commitment is to drive our own emissions intensity down by a further 25% by the end of the decade, with the use of SAF playing a significant role in that commitment.  Supporting the production and research of SAF technologies is one of our priorities and we are pleased to co-operate with OMV to further reduce the aviation industry’s carbon footprint. The new MoU is testament to our commitment to ensuring that by choosing to fly with Wizz Air, our customers are making the most responsible choice of air travel available.”

Nina Marczell, OMV Vice President Aviation, Fuel Distribution & Public Sector: “I am very pleased that the cooperation between OMV and Wizz Air will help us achieve our respective strategic sustainability goals. With Wizz Air we were able to gain a strong international partner. SAF is the most significant path to decarbonizing aviation in the coming decades. Our strategic relationship is enabling the way to a more sustainable aviation future we both want to be part of.”

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
eat
  • Website

Related Posts

The Military Committee Organizing Dubai Airshow 2023 continues preparations for an exceptional event in November

September 23, 2023

Lufthansa Group offers special fare with 100 percent Sustainable Aviation Fuel for passengers traveling to the UN World Climate Conference in Dubai

September 22, 2023

Wizz Air Abu Dhabi Launches 20 Percent Off Promotion For Selected FLights From October To February 2024

September 20, 2023

Ajman Tourism Inaugurates TARFIH KARTING

September 20, 2023

Dubai International (DXB) tops ACI APAC & MID’s Airport Connectivity Rankings

September 20, 2023

TV heritage explorers Bettany Hughes and Levison Wood embark on new adventure at AlUla World Archaeology Summit

September 20, 2023

Leave A Reply Cancel Reply

You must be logged in to post a comment.

Advertisement
 Advertise
Eat ‘N Stays
Facebook Twitter Instagram Pinterest YouTube Dribbble
  • Home
  • About Us
  • Contact Us
  • Archive
© Copyright © 2023, Eat ‘N Stays. All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

Stay ahead and get up to date coverage of your industry news and trends.
Eat ‘N Stays is owned by: VELVET HOSPITALITY 

Contact Details

  • KSA: +966 509749018
  • UAE: +971 504023725
  • Email us
  • Contact us for Advertisement
Facebook Twitter YouTube LinkedIn Instagram

Our Picks

Saudi Arabia is a country that cultivates diversity, fosters opportunity, and empowers everyone to reach their full potential.

September 23, 2023

Azimuth Leaves “Lasting Impact” As Thousands Celebrate Live Music, Culture And Saudi National Day

September 23, 2023

The Military Committee Organizing Dubai Airshow 2023 continues preparations for an exceptional event in November

September 23, 2023
© Copyright © 2023, Eat ‘N Stays. All rights reserved.
  • Privacy Policy
  • Archive
  • About us
  • Contact us