Hundreds of business, political and thought leaders from around the world gathered this week in Davos, Switzerland, to discuss issues such as poverty, the environment, stakeholder capitalism and other topics critical to the survival of the world. Western business aviation leaders were also front and center in Davos rolling out two new carbon-reduction initiatives at the World Economic Forum (WEF). Aviation associations in Davos included the General Aviation Manufacturers Association, the National Air Transportation Association, the European Business Aviation Association, the International Business Aviation Council and the National Business Aviation Association. NBAA was represented by vice president for regulatory and international affairs, Doug Carr.
Business Aviation Leaders And Sustainable Aviation Fuel Meet in Davos
Key Takeaways:
- Business aviation leaders at the World Economic Forum in Davos unveiled new carbon-reduction initiatives, emphasizing their commitment to environmental sustainability.
- A key initiative involves making Sustainable Aviation Fuel (SAF) available at Zurich airport through agreements with partners, marking a significant step in reducing the industry's emissions footprint.
- The industry is actively dispelling myths about SAF, confirming it meets all Jet-A standards, and addressing cost concerns by noting that prices are expected to decrease as demand grows and production increases.
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