Six in ten US executives believe the use of sustainable aviation fuel (SAF) will increase significantly over the next five years, according to research released at this year’s NBAA-BACE 2022.
The research, commissioned by Airbus Corporate Jets (ACJ) and was conducted among senior executives of US companies with annual sales of more than $500 million.
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Research finds that nine in ten (89%) of US executives surveyed believe that SAF costs will reduce over the next five years. They also expect to see increased investment in advanced technologies to process feedstocks more efficiently on a larger scale, as well as in the development of sustainable and scalable feedstock options needed to grow the SAF market. .
In addition, to help increase the use of SAFs, greater support from governments and other stakeholders through policy initiatives is needed. Half of senior executives surveyed expect dramatic improvement in this area by 2025, and a further 35% say the situation will improve slightly.
Some 86% of respondents believe that SAF will contribute to the growth of business aviation as it will allow better control of the environmental impact of flights.
“The business aviation industry is acutely aware of the need to find ways to reduce the impact of flying on the environment,” said Sean McGeough, ACJ’s vice president of commercial for the Americas. North. “Airbus is committed to pioneering the use of sustainable fuel, but also the latest technologies to reduce the impact of our aircraft on the environment. For example, our new ACJ TwoTwenty business jet uses materials and advanced technology to reduce fuel consumption and maintenance costs.It has 50% fewer emissions per square meter compared to large business jets in general.
ACJ offers a range of large business jets, the latest of which is the ACJ TwoTwenty, launched in October 2020. The ACJ TwoTwenty is certified to fly on a 50% blend of Sustainable Aviation Fuel (SAF) and Airbus aims to achieve 100% SAF Certification by 2030.