OMV and Airbus have signed a memorandum of understanding to advance the decarbonization of the aviation industry through Sustainable Aviation Fuel (SAF). The partnership aims to support the reduction of CO2 emissions in the aviation sector, with SAF playing a pivotal role in achieving the goal of net carbon neutrality by 2050. SAF reduces greenhouse gas emissions by up to 80 per cent on average compared to conventional jet fuel over its entire lifecycle.
OMV and Airbus will explore joint solutions to broaden the voluntary access to SAF for various customer groups, aimed at stimulating new demand and thereby supporting large-scale investments in new SAF production facilities. Further, the companies will review opportunities to accelerate the testing, evaluation, and approval of new feedstocks, as well as new production pathways to make SAF available more quickly. In addition, both partners commit to jointly raising awareness and understanding of SAF, acknowledging the significant role that regulations and policy play in the transition to renewable fuels.
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