LanzaJet’s technology converts ethanol derived from a variety of sustainable sources into SAF.
MONTREAL – LanzaJet, a leading sustainable aviation fuel (SAF) producer and technology company, has become the first new energy fuel provider to join the Air Transport Action Group (ATAG), a global association representing commercial aviation’s commitment to working towards the sector-wide commitment to net-zero carbon by 2050.
Haldane Dodd, Executive Director of ATAG said that by joining the global association, LanzaJet will join forces with like-minded industry leaders, airlines, airports, and organisations to advocate for sustainable practices, promote collaboration, and support the development and implementation of sustainable aviation solutions.
“Our Waypoint 2050 analysis outlines the potential pathways to net-zero carbon for aviation; all rely heavily on a rapid transition away from fossil fuels and towards SAF. This may cost up to $1.45 trillion over the coming three decades and requires a collective effort from the aviation sector, governments, finance community and the new energy providers such as LanzaJet. This transition is a challenge, but also an opportunity and we will need all hands on deck. By joining ATAG, LanzaJet is also signalling the importance of this collective approach.”
“At LanzaJet, we’ve long believed in working with the airline industry directly to address urgent decarbonisation goals and we see it as an imperative to support the Air Transport Action Group as it brings the industry together,” said Jimmy Samartzis, CEO of LanzaJet. “Decarbonising air travel is critical to mitigating the impacts of climate change, and SAF is our best near-term opportunity to do that. Through our partnership with ATAG, we can continue to accelerate the adoption of sustainable aviation fuels worldwide. And we must accelerate this critical work now; we can’t wait for someday to make meaningful change.”
LanzaJet’s technology converts ethanol derived from a variety of sustainable sources into SAF. This SAF has the potential to reduce lifecycle greenhouse gas emissions by at least 70% compared to conventional jet fuel, providing a significant step towards achieving carbon neutrality in the aviation industry.
As an ATAG member, LanzaJet will actively engage in collaborative initiatives and participate in knowledge-sharing activities aimed at promoting sustainable practices. By contributing its expertise and innovative solutions, LanzaJet seeks to help shape the future of aviation and drive the industry towards more sustainable operations.
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.
She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.
