NetJets releases first sustainability progress update

person holding a green plant

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.

NetJets invests in sustainable aviation fuel producer WasteFuel

NetJets sustainability

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. 

Private Aviation Deal Book by Private Jet Card Comparisons

Private Aviation Deal Book

Let’s make a deal. The M&A market for private jet operators is hot. Over 50 deals, fundraises, launches, and bankruptcies detailed

(Updated June 8, 2021) The COVID-19 crisis may be bringing the already simmering mergers and acquisitions market for private jet operators and brokers back to a boil.

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