After the launch of its Global Sustainability Program last October, NetJets has published its first biannual progress update
With more than 760 private jets worldwide, NetJets is hugely influential in the industry. Today it provided its first biannual update following the launch of its expanded Global Sustainability Program in October 2020.
WasteFuel uses proven technology that converts municipal waste into aviation grade biofuel that burns at an 80% reduction in carbon to fossil fuel-based aviation fuel
NetJets announced today it has made “a significant investment” in WasteFuel, a next-generation waste to fuel company that aims to transform landfill waste into sustainable aviation fuel (SAF). It is the first private aviation company to buy a stake in the production of sustainable aviation fuel. Additionally, NetJets will also purchase a minimum of 100 million gallons of WasteFuel’s SAF over the next ten years.
A VBACE panel of executives from VistaJet, Bombardier and the National Business Aviation Association said customers, particularly big companies, can help drive private jet sustainability
A panel during VBACE, a virtual rendition of business aviation’s annual conference canceled due to COVID-19, concluded that the industry’s drive for sustainability has multiple facets. However, sustainable aviation fuel has the opportunity to make the biggest impact fastest.
While NetJets has long had many initiatives around reducing carbon footprint, today, it is launching an umbrella program around three key points of focus. It is also for the first time publishing on its consumer website the cost to buy carbon offsets and now will highlight the offset options in all proposals to both individual and corporate customers.