Budget airline Ryanair (FR/RYR) has signed a deal with Vienna-based OMV to supply 160,000 tonnes of Sustainable Aviation Fuel (SAF) at airports across Austria, Germany and Romania.
The deal will give access to 53million gallons of SAF enabling the airline to save 400,000 tonnes of CO2, equivalent to 40,000 flights.
Ryanair aims to be using 12.5% SAF by 2023 and further aims to be net zero by 2050. This plan includes the fleet upgrade to Boeing 737 Max aircraft which produce 16% less emissions than the 737-800.
Speaking from Vienna, Ryanair’s Director of Sustainability, Thomas Fowler said: “SAF plays a key role in our Pathway to Net Zero decarbonisation strategy in which we have committed to increasing our use of SAF over the coming years – a commitment that this deal with OMV will help move further forward. OMV is a key partner for Ryanair in Austria, Germany and Romania and we look forward to growing this partnership as Europe’s largest airline Group.”
Nina Marczell, OMV Vice President Aviation, Fuels Distributors & Public Sector: “We are committed to reducing our own carbon footprint as well as supporting our customers in reducing theirs. This Memorandum of Understanding is a great opportunity to accelerate both companies’ sustainability efforts. Sustainable aviation fuel significantly reduces CO2 emissions, and we are delighted to collaborate with a strong partner like Ryanair and to provide solutions for the sustainable development of the aviation industry.”
