Based on the terms of the MoU, Wizz Air can buy up to 185,000 metric tonnes of SAF from OMV. This partnership ensures that Wizz Air will be able to make forward in its goal of lowering CO2 intensity per passenger kilometre. Wizz Air has the lowest CO2 intensity per passenger kilometre in Europe, one of the youngest fleets in the world, and numerous fuel efficiency initiatives, making it the most environmentally friendly option for air travel. This is an important part of the company's environmental strategy to reduce carbon emissions intensity by 25% by 2030 and reach net-zero by 2050. SAF is a crucial technology for the decarbonization of the aviation industry, and OMV is taking a number of steps toward achieving its lofty strategic sustainability goals. Upping SAF output to as much as 700,000 tonnes by 2030 is part of the plan. In keeping with OMV's goal of being a "net zero" business by 2050, this makes sense (for Scopes 1, 2 and 3). As such, the OMV Strategy 2030 includes well-defined goals for the reduction of emissions throughout the course of the medium and long terms.
Owain Jones, Development Officer at Wizz Air, said, “We have achieved our market-leading sustainability position by continued investment in innovative technology and operating the most up-to-date aircraft in the most efficient way. Wizz Air’s commitment is to drive our own emissions intensity down by a further 25% by the end of the decade, with the use of SAF playing a significant role in that commitment. Supporting the production and research of SAF technologies is one of our priorities and we are pleased to co-operate with OMV to further reduce the aviation industry's carbon footprint. The new MoU is testament to our commitment to ensuring that by choosing to fly with Wizz Air, our customers are making the most responsible choice of air travel available.”
Nina Marczell, OMV Vice President Aviation, Fuel Distribution & Public Sector said, “I am very pleased that the cooperation between OMV and Wizz Air will help us achieve our respective strategic sustainability goals. With Wizz Air we were able to gain a strong international partner. SAF is the most significant path to decarbonizing aviation in the coming decades. Our strategic relationship is enabling the way to a more sustainable aviation future we both want to be part of.”
