No-frills carrier Ryanair has signed a deal with international oil, gas and chemicals company OMV for the supply of sustainable aviation fuel (SAF).
The Memorandum of Understanding (MoU) will see OMV supply SAF for Ryanair aircraft at airports across Austria, Germany and Romania.
The carrier said in a statement: “While limited production of SAF remains a global aviation issue, this MoU gives Ryanair unique access to purchase up to 160,000 tonnes (53m gallons) of SAF from OMV over the next eight years, saving over 400,000 tonnes in CO2 emissions – equivalent to c.25,000 Ryanair flights from Dublin to Vienna.
“This landmark deal demonstrates Ryanair’s continued commitment towards 12.5% SAF by 2030 target and the airline’s ambition to reach net-zero emissions by 2050.”
Thomas Fowler, Ryanair’s sustainability director (pictured right), 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.”
Nina Marczell, OMV aviation, fuels Distributors and public sector vice-president (pictured left), added: “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.”