NETJETS UNVEILS FIRST BIANNUAL GLOBAL SUSTAINABILITY PROGRAM PROGRESS UPDATE

KUALA LUMPUR, April 16 (Bernama) -- NetJets, the leader in private aviation with more than 760 aircraft worldwide, has released its first biannual update following the launch of its expanded Global Sustainability Program in October 2020.

Since the programme announcement, NetJets has taken its commitment to sustainability a step further, acquiring a stake in WasteFuel®, a next generation waste-to-fuel business that transforms landfill waste into sustainable aviation fuel (SAF).

“Our worldwide sustainability efforts continue to be a source of pride and passion for us at NetJets and a key business priority in 2021 and beyond,” said Executive Vice President of Administrative Services, Brad Ferrell.

“Our financial and operational commitments, to SAF in particular, not only push competitors to take a stance on the issue but also help guarantee the continued availability of sustainable fuel for the larger aviation industry.”

“This is just the beginning of our journey, and we are invigorated to further our progress as the leader in sustainable private aviation.”

NetJets will also purchase 100 million gallons of SAF over the next decade, representing one of the largest SAF offtakes in the aviation industry and by far, the largest in private aviation, according to a statement.

In addition to sustainable fuel, NetJets’ initiative focuses on consumer and corporate carbon offsetting. This includes offsetting NetJets’ administrative and training flights, as well as its two corporate offices in Columbus, Ohio, which are now carbon neutral.

NetJets Europe, which has been carbon neutral since 2012, offset 4,724 metric tonnes of carbon from October last year through February 2021 and over one million metric tonnes total. NetJets Europe will begin purchasing SAF this year.

-- BERNAMA