LOADING

TDM NEWS EVENTS IWTA SERIES TDM

Travel Daily Media

Today Free Charge

Sign up today free of charge.

Join our global community of over 5 million travel and hospitality executives.

Air New Zealand seeks innovators in global search for sustainable aviation fuel 

Air New Zealand seeks innovators in global search for sustainable aviation fuel 

Kanchan Nath

- March 20, 2024

Air New Zealand has launched a global open invitation to innovators and start-ups in the sustainable aviation fuel (SAF) sector to become a supply partner to the airline. It is the first time an airline has made a global call to potential suppliers in the burgeoning SAF industry to work together on supply opportunities.

The airline’s Opportunity Statement, released today, provides an overview of Air New Zealand’s SAF requirements based on its network, fleet, sustainability targets and criteria. It is intended to kickstart discussion for ongoing collaboration as well as identify new opportunities.

Air New Zealand Chief Sustainability Officer, Kiri Hannifin, says SAF is integral to the aviation industry’s future, which faces a very steep challenge to decarbonise. “Air New Zealand plays an essential role in connecting New Zealand’s people, tourism, and trade to the world, but we must find a way to do this more sustainably and as quickly as we can. A stable supply of SAF is critical to our ability to reduce carbon emissions and continue to play this role for the long term.

“That’s why we’ve taken this novel approach, asking emerging SAF producers from around the world to connect with us and respond to the Opportunity Statement,” says Ms Hannifin. “Air New Zealand is an ideal airline partner for SAF innovators and producers. We have a mature understanding of SAF, a clear roadmap to meet our targets, and the volumes of SAF we need to align with current production capabilities.

“Our airline is known for pushing boundaries and challenging ourselves to think differently, and we’re also deeply committed to meeting our decarbonisation goals. This Opportunity Statement shares our vision and allows current and future SAF producers to recognise both the opportunity and Air New Zealand’s ambition to become a customer as soon as possible.”

Air New Zealand was just the second airline globally to announce an interim science-based target. The interim target, validated by the Science Based Targets initiative (SBTi), requires a 28.9% reduction in carbon intensity by 2030, from a 2019 baseline. Air New Zealand anticipates it will need SAF to make up around 20% of its total fuel uptake by 2030, alongside a long term and strategic regulatory package, which it is actively advocating for.

This is the latest step in Air New Zealand’s journey to achieve net zero carbon emissions by 2050, after partnering with pioneers of next-generation aircraft technology through its Mission Next Gen Aircraft Programme, co-funding the research and development of a domestic SAF industry, and investing in the United Airlines Ventures Sustainable Flight Fund.

Air New Zealand is looking to enter short, medium, and long-term SAF offtake agreements, recognising these are often critical to the business case for a plant, mitigating risk through providing demand certainty for the SAF producer, its investors, and financiers.

 

 

 

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats

Air New Zealand seeks innovators in global search for sustainable aviation fuel 

Kanchan Nath

- March 20, 2024

No posts found.

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

For inquires, to attend or sponsor next awards, kindly email here: Gary@traveldailymedia.com

If you know of any female leaders or up and coming superstars in the Travel and Hospitality industry you would like to nominate, please visit our page and complete a nomination form!
The prestigious IWTA Awards 2024 Award Winners are listed below:

content studio box

…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign.

We can also organise a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats