Menu
Business Aviation News

VistaJet Signs SAF Deal with AEG Fuels

by Mia Yao
VistaJet Signs SAF Deal with AEG Fuels

Global business aviation company VistaJet has signed an agreement with aviation fuel provider AEG Fuels to buy Sustainable Aviation Fuel (SAF) produced by global energy and chemicals company OMV at Vienna International Airport, in a bid to further sustainable practices within the company’s operations.

By integrating green initiatives throughout its operations, VistaJet is committed to achieving carbon neutrality by 2025. It aims to replace over 200,000 gallons of jet fuel with a blended SAF, which will cut CO2 emissions by 80%.

VistaJet also published A 2022 Action Handbook for Change in Business Aviation with climate solutions provider and carbon project developer South Pole, urging the aviation industry to step up and do its part to combat climate change.

“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,” said Thomas Flohr, Founder and Chairman, VistaJet.

“We’re very excited to support VistaJet’s efforts to push our industry forward and provide a framework for future SAF agreements,” said Stephen J. Leonard, Vice President of Global Supply, AEG Fuels, adding that individual efforts are contributing investments in sustainable solutions for producers and consumers.

Previously, Vista Global Holding (Vista) saw sales grow by 185% across its VistaJet and XO brands in the US for the third quarter over the same period in 2021. The US, as the strongest and fast-growing region, contributed 64% of the hours sold, from which 70% come from new VistaJet Program Members.

The progress was made following the acquisition of Jet Edge in the first quarter of 2022, which has expanded the scope of client coverage and infrastructure.

Related Articles

INDUSTRY REPORTS

© Copyright Asian Sky Group -2024 | All Rights Reserved

Create an account Login