MOSCOW (MRC) -- Neste and Fly Victor, the on-demand private jet company, announce a partnership which sets a new sustainability benchmark in business aviation, said Hydrocarbonprocessing.
Starting today, Victor members can purchase Neste MY Sustainable Aviation Fuel (SAF) for every private jet booking globally. This enables private jet charterers to reduce the carbon footprint of their private air travel in a credible and measurable way.
Victor’s private and corporate members can reduce the carbon emissions of their air travel, meet the climate targets they have set, and credibly report on their CO?e emission reductions. Corporates signed up for Science Based Targets initiative (SBTi) who are genuinely committed to reducing their Scope 3 emissions, and specifically emissions from their jet charter flights, can currently do this only by booking private jet charter flights with Victor.
As aviation in Europe sets its sights on increasing the share of SAF to up to 10% of all jet fuel use by 2030, this new partnership model also enables accelerated action towards this target. Given how fragmented the business aviation sector is, this “pay here, use there” solution is the first to offer SAF for every charter flight. This is crucial as it enables SAF demand to increase. Victor’s global base of influential members who have the ability and means to choose SAF and make their private travel with reduced climate impact, are offered a great opportunity to help increase the overall demand so this sustainable solution can develop more rapidly.
“I’m excited that we are in this pioneering partnership together with Victor, a leader in charter aviation. It enables Victor members to purchase Neste’s SAF for any flight booked through Victor globally. It is an industry-leading blueprint that we hope other companies will follow as the aviation sector strives for net-zero carbon emissions by 2050. SAF is essential to reaching this goal, immediately reducing greenhouse gas emissions from flying. Neste is committed to supporting aviation’s emission reduction goals and believes that requires a joint effort where everyone’s choice matters,” said Jonathan Wood, Vice President Europe, Renewable Aviation, at Neste.
As per MRC, Neste and United Airlines announced that they have signed a new purchase agreement that provides United the right to buy up to 160,000 mtons (52.5 MM gallons) of Neste MY SAF over the next three years to fuel United flights at Amsterdam Airport Schiphol, and potentially other airports, as well. With this agreement, United became the first U.S. airline to make an international purchase agreement for SAF.
As MRC reported earlier, Neste has a target to process annually over 1 MM tons of waste plastic from 2030 onwards. The company plans to use liquefied plastic waste as a raw material at its fossil oil refinery to upgrade it into high-quality drop-in feedstock for the production of new plastics.