Hannon Travel’s Post

Growth in the sustainable aviation fuel industry has been exponential, starting from a non-existent base level just a few years ago.

Formula 1 is expanding its investment in Sustainable Aviation Fuel in partnership with Qatar Airways. 🔗 Read more here: https://lnkd.in/gVHd_ntz Ellen Jones #formula1 #sustainableaviationfuel #netzero #carbonreduction #sustainability #F1

The third annual sustainability event hosted by Aircraft Leasing Ireland (ALI) convened in Dublin last week, providing an opportunity to assess the aviation industry’s progress toward decarbonisation and explore the pivotal role of lessors in driving sustainable change. In our latest SAVi report, Ishka’s Sustainability Lead and Senior Analyst, Eduardo Mariz Cortiñas, delves into key highlights and insights from the event➜ https://shorturl.at/uTL13 #aviationfinance #aircraft #esg #sustainableaviation #decarbonisation #saf #aviation #ali #aircraftleasingireland #dublin

Formula 1 is making significant strides towards sustainability with its first investment in Sustainable Aviation Fuel (SAF) as part of its commitment to achieve Net Zero by 2030. SAF offers a remarkable 80% reduction in emissions compared to conventional aviation fuel. By utilizing SAF for its chartered cargo flights through a ‘book and claim’ system, Formula 1 is not only mitigating its environmental impact but also fostering the adoption of sustainable practices within the aviation industry. This initiative is part of a comprehensive sustainability strategy that includes optimizing logistics and reducing emissions across all operations. Learn more about how Formula 1 is paving the way for a greener future in motorsport! https://ow.ly/a4kE50Ts3uP #Formula1 #Sustainability #SAF #NetZero2030 #ESG

LINKEDIN SUMMARY: Formula 1 and Qatar Airways are taking sustainability to new heights with a partnership expanding Sustainable Aviation Fuel (SAF) use. This initiative will reduce 2024 logistics emissions by 8,000 tCO2e – a 19% cut compared to traditional aviation fuel. Ellen Jones, F1’s Head of ESG, highlights this step as crucial to F1’s Net Zero 2030 goals: “Today’s investment is the next step in our alternative fuels strategy.” The collaboration positions Qatar Airways as a leader in SAF innovation and builds on F1’s earlier efforts with DHL, demonstrating the sport’s commitment to driving sustainable logistics and impactful change. #Formula1 #QatarAirways #SAF #Sustainability #AviationInnovation #NetZero2030 #NetZero2030

Jet Aviation is gearing up to supply Sustainable Aviation Fuel (SAF) at Geneva Airport for the European Business Aviation Convention & Exhibition (EBACE 2024), scheduled from May 28th to 30th. Co-hosted by the European Business Aviation Association (EBAA) and the National Business Aviation Association (NBAA), this event promises a sustainable aviation focus and cutting-edge industry insights. For the third consecutive year, Jet Aviation will provide a 35% blend of SAF to GVA, aligning with their commitment to environmental stewardship. João Martins, Vice President of FBO Operations in Europe and GM Zurich, expressed enthusiasm for continuing to support EBACE with SAF availability, emphasizing Jet Aviation’s dedication to sustainability through their book and claim program. EBACE 2024 is not just about fuel availability but also a platform for sustainability-driven experiences. Attendees can engage with a dedicated summit on achieving net-zero emissions, explore alternative propulsion technologies, delve into the future of urban transportation, and witness groundbreaking innovations at the Innovation Pavilion. Ed Bolen, President and CEO of NBAA, highlights the significance of SAF in aviation’s decarbonization journey, applauding Jet Aviation’s efforts in making SAF accessible at EBACE. EBAA Secretary General Holger Krahmer echoes this sentiment, emphasizing the importance of expanding SAF supplies globally. Join us at EBACE 2024 to explore the latest in sustainable aviation and learn about Jet Aviation’s contributions to a greener aviation future. Stay tuned for more updates on our blog. #AvfoilNews #JetAviation #EBACE2024 #SustainableAviation #SAF #AviationIndustry #NetZeroEmissions #InnovationPavilion

It was a pleasure to speak at the Ishka: Aviation Finance Festival in Dublin and discuss the challenges of decarbonizing the skies. Among other topics, we tackled several pressing questions: 1. The Peak: With the UK Government and other EU associations expecting 2019 to be the peak year of aviation emissions, is this target feasible? When do we expect emissions to peak before they begin to decline? 2. SAF: Can Sustainable Aviation Fuel (SAF) production scale up quickly enough to align with ICCT scenarios for aviation to meet the Paris Agreement targets? 3. Economic Benefit of Aviation: Is there still doubt about the economic benefits of aviation, or is the industry failing to communicate them effectively? 4. Regulation: We all agree that greenwashing is a problem, but can regulators agree on what can and cannot be said about SAF benefits? 5. EU Taxonomy: How important will it be for lessors to align with the EU Taxonomy? 6. Collaboration: What more can we do, and in what areas, to increase collaboration among industry stakeholders to achieve the net zero target? Joined by my industry colleagues Teresa Mafalda Gonçalves, Jan Melgaard, Patrick Edmond 🇺🇦 and moderated by Eduardo Mariz Cortiñas, we had a productive debate on the path to building a net-zero aviation industry. #sustainability #netzero2050 #aviation #greenaviation

easyJet has become the first airline in the world to trial a new state-of-the-art lower-weight paint, which will enable the operator to make further savings on fuel https://lnkd.in/ezE4nMx7

Back in 2022, Mercedes-AMG PETRONAS Formula One Team became the first global sports team to invest in Sustainable Aviation Fuel and SAFc certificates. We did so as part of our commitment to address as first priority the biggest sources of our emissions footprint - and to build awareness and recognition for this fledgling market. Things have changed a lot in the past two years, and today we announced our commitment to achieve x4 aviation emissions reduction in 2025, compared to our first step in 2022. In concrete terms, that means we will invest in over 10,000 tCO2e of SAF next year - which represents roughly 40% of our Race Team Control emissions. We are powering towards a bright and more sustainable future in Formula One, working together with incredible technology leaders like PETRONAS, and we will pioneer sustainable fuels on track, on the road and in the air - as well as continuing to grow our commitments to greater circularity and biodiversity. Some may say "why bother when you're racing in circles?" but it's the power of our platform to make a difference and inspire others, that makes these efforts worth it. That, and walking the talk when it comes to delivering on our commitments, by demonstrating that if F1 can race to reduce its carbon impact, then so can many other industries!

easyJet, leading low-cost airline, has become the world’s first airline to trial an innovative lightweight paint on its aircraft, aiming to enhance fuel efficiency and reduce carbon emissions. https://lnkd.in/e47kG3kN #avgeek #aviation #easyjet