Austrian oil & gas giant OMV and Ryanair have signed a Memorandum of Understanding to supply sustainable aviation fuel at Ryanair airports across Austria, Germany and Romania. While the limited production of SAF remains a global aviation issue, this MoU agreement gives Ryanair unique access to purchase up to 160,000 tonnes or 53 million gallons of SAF from OMV over the next 8 years, starting in 2023. This would account for a total CO2 reduction of over 400,000 tons, equivalent to approx. 25,000 Ryanair flights from Dublin to Vienna.This landmark MoU demonstrates Ryanair’s continued progress towards its target of using 12.5% SAF by 2030 and the airline and OMV’s wider shared ambition to reach net-zero emissions by 2050. Ryanair has already significantly advanced these commitments by partnering with Trinity College Dublin to open the Ryanair Sustainable Aviation Research Centre and investing USD 22bn in its ‘Gamechanger’ fleet, which offers 4% more seats while burning 16% less fuel.
Austrian oil & gas giant OMV and Ryanair have signed a Memorandum of Understanding to supply sustainable aviation fuel at Ryanair airports across Austria, Germany and Romania. While the limited production of SAF remains a global aviation issue, this MoU agreement gives Ryanair unique access to purchase up to 160,000 tonnes or 53 million gallons of SAF from OMV over the next 8 years, starting in 2023. This would account for a total CO2 reduction of over 400,000 tons, equivalent to approx. 25,000 Ryanair flights from Dublin to Vienna.This landmark MoU demonstrates Ryanair’s continued progress towards its target of using 12.5% SAF by 2030 and the airline and OMV’s wider shared ambition to reach net-zero emissions by 2050. Ryanair has already significantly advanced these commitments by partnering with Trinity College Dublin to open the Ryanair Sustainable Aviation Research Centre and investing USD 22bn in its ‘Gamechanger’ fleet, which offers 4% more seats while burning 16% less fuel.
