November 28, 2023, was a landmark day for the international airline industry. It marked the first time a jet airliner powered by 100% sustainable aviation fuel flew from London to New York.
The Virgin Atlantic flight, which carried no paying passengers but did have an airline executive, a politician and Virgin founder Sir Richard Branson onboard, flew using a fuel made up mostly of waste fats and plant sugars.
Sustainable aviation fuel is one of the many alternative fuels and propulsion technologies being developed as the aviation industry moves toward net zero emissions by 2050.
After electricity and heat, transport is the sector with the highest carbon dioxide (CO2) emissions. Aviation counts for 2% of Co2 emissions globally.
Avation PLC (LON:AVAP) is a commercial passenger aircraft leasing company owning a fleet of aircraft which it leases to airlines across the world. Avation’s future focus are new technology low CO2 emission aircraft.