Alaska Airlines | August 04, 2022
Alaska Airlines announcedvit has finalized an agreement with biofuel company Gevo Inc., to purchase its most significant sustainable aviation fuel offtake commitment to date – 185 million gallons of SAF over five years starting in 2026. This agreement was developed alongside others in the oneworld alliance.
"Using sustainable aviation fuel is a significant part of Alaska's five-part path to reach net zero carbon emissions, and alongside others in the oneworld alliance, we are committed to creating a more sustainable future for aviation. SAF is the most immediate path we have toward decarbonization of aviation, but we recognize there is significant work required ahead – including public policy action – to make SAF a viable, affordable option at scale."
Diana Birkett Rakow, senior vice president of public affairs and sustainability at Alaska Airlines
"Alaska is proud to play a role in advancing this critical market for sustainable aviation fuels," said Ann Ardizzone, vice present of supply chain at Alaska Airlines. "Making SAF commercially viable at scale requires strong partners and action on all fronts. We appreciate the partnership of suppliers like Gevo in tackling this challenge."
In April 2021, Alaska announced the company's commitment and roadmap to achieve carbon net zero by 2040, and established a five-part path to achieve that goal. The path includes operational efficiency, fleet renewal, sustainable aviation fuel, electric or hybrid-electric aircraft over the long term and credible carbon offsets only as needed to achieve our targets if technology does not advance fast enough to close the gap without. Of this path, sustainable aviation fuel provides the greatest opportunity to decarbonize in the near and medium term, and Alaska has been working for over a decade to first test and then use SAF.
In 2016, Alaska and Gevo made history by flying the world's first commercial flight using forest residuals from Seattle-Tacoma International Airport to Reagan National Airport in Washington, D.C., powered by a 20 percent blend of SAF. Today, Alaska is using SAF in its operations in California and works with multiple producers and other partners to use and facilitate the development of additional SAF supply in the future.
Alaska's most recent ESG report – its Care Report – outlines more detail on its goals and progress, and details specific challenges and actions needed to advance SAF.
In September 2020, oneworld became the first global airline alliance to announce a target of carbon neutrality by 2050, establishing its commitment to long-term sustainability for the industry. The alliance followed up that commitment with an intermediate goal to achieve 10% SAF use across the member airlines by 2030.
About Alaska Airlines
Alaska Airlines and our regional partners serve more than 120 destinations across the United States, Belize, Canada, Costa Rica and Mexico, low fares and award-winning customer service. Alaska is a member of the oneworld global alliance. With the alliance and our additional airline partners, guests can travel to more than 1,000 destinations on more than 20 airlines while earning and redeeming miles on flights to locations around the world. Learn more about Alaska at news.alaskaair.com. Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group.
Gevo's mission is to transform renewable energy and carbon into energy-dense liquid hydrocarbons. These liquid hydrocarbons can be used for drop-in transportation fuels such as gasoline, jet fuel and diesel fuel, that when burned have potential to yield net-zero greenhouse gas emissions when measured across the full life cycle of the products. Gevo uses low-carbon renewable resource-based carbohydrates as raw materials, and is in an advanced state of developing renewable electricity and renewable natural gas for use in production processes, resulting in low-carbon fuels with substantially reduced carbon intensity (the level of greenhouse gas emissions compared to standard petroleum fossil-based fuels across their life cycle). Gevo's products perform as well or better than traditional fossil-based fuels in infrastructure and engines, but with substantially reduced greenhouse gas emissions. In addition to addressing the problems of fuels, Gevo's technology also enables certain plastics, such as polyester, to be made with more sustainable ingredients. Gevo's ability to penetrate the growing low-carbon fuels market depends on the price of oil and the value of abating carbon emissions that would otherwise increase greenhouse gas emissions. Gevo believes that it possesses the technology and know-how to convert various carbohydrate feedstocks through a fermentation process into alcohols and then transform the alcohols into renewable fuels and materials, through a combination of its own technology, know-how, engineering, and licensing of technology and engineering from Axens North America, Inc., which yields the potential to generate project and corporate returns that justify the build-out of a multi-billion-dollar business. Gevo believes that the Argonne National Laboratory GREET model is the best available standard of scientific-based measurement for life cycle inventory or LCI.
cbd aviation | September 07, 2022
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today the delivery of one Airbus A320neo to Turkish Airlines, the flag carrier of Türkiye. The transaction marks the introduction of the inaugural A320neo to the carrier’s fleet. “We are delighted to be leasing Turkish Airlines’ first A320neo, which will contribute toward growing and modernizing the carrier’s flight operations on both domestic and international routes,” stated Paul Boyle, CDB Aviation’s Head of Europe, the Middle East & Africa. “Introducing the A320neo marks a new step forward in the airline’s ongoing fleet modernization process.”
Levent Konukcu, Turkish Airlines’ Chief Investment and Technology Officer, commented: “As one of the world's leading airlines, supporting our successful and stable performance with new generation aircraft that we continue to include in our fleet brings us closer to our goals. We would like to thank our business partners, such as CDB Aviation, for their support in this direction.”
With the recently awarded IATA IEnvA Stage 2 certificate, which signifies the highest level of compliance with the IATA Environmental Assessment program, Turkish has become a pioneer among airlines in undertaking sustainability-focused projects for every stage of its flight and ground operations in recent years.
“With unprecedented reductions in fuel burn, emissions, and noise, the A320neo is among the most efficient and quietest aircraft for short- and medium-haul routes on the market today,The A320neo is well suited to support Turkish Airlines’ ambitious growth journey and contribute toward reaching its sustainability goals by lessening the environmental footprint of its flight operations.”
Peter Goodman, CDB Aviation’s Chief Commercial Officer
About CDB Aviation
CDB Aviation is a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), a 36-year-old Chinese leasing company that is backed mainly by the China Development Bank. CDB Aviation is rated Investment Grade by Moody’s (A2), S&P Global (A), and Fitch (A+). China Development Bank is under the direct jurisdiction of the State Council of China and is the world’s largest development finance institution. It is also the largest Chinese bank for foreign investment and financing cooperation, long-term lending and bond issuance, enjoying Chinese sovereign credit rating.
CDB Leasing is the only leasing arm of the China Development Bank and a leading company in China’s leasing industry that has been engaged in aircraft, infrastructure, ship, commercial vehicle and construction machinery leasing and enjoys a Chinese sovereign credit rating. It took an important step in July 2016 to globalize and marketize its business.
Air Serbia and Sabre Corporation | July 13, 2022
Sabre Corporation a leading software and technology provider that powers the global travel industry, is partnering with Air Serbia to launch dynamic offers into today's competitive marketplace. Considering customer segmentation and travel purpose, Air Price IQ supports airlines in their efforts to provide a seamless experience to its travelers while maximizing revenue opportunities.
Air Price IQ provides the technology for airlines to generate relevant offers by analyzing the airlines' own shopping and revenue management data in real time along with relevant marketplace insights. The cloud-native solution utilizes artificial intelligence (AI) to optimize price and help airlines drive higher conversion rates and improved yield by delivering more relevant offers across all channels.
"Given the challenges the travel industry has faced through the pandemic, creating products that better meet the expectations of travelers and improve profitability for airlines at the same time is more important than ever. To match travelers to the right fares at the right times requires intelligent systems that analyze large volumes of data at scale and use advanced machine learning models to deliver actionable insights. We are delighted to have found a forward-thinking, innovative partner in Air Serbia to work with us in preparing for this paradigm shift in travel."
Wade Jones, Chief Product Officer, Sabre Travel Solutions
Air Price IQ is part of Retail Intelligence, the first suite of products powered by Sabre Travel AI™ technology using advanced machine learning models to test and learn in the moment. Sabre Travel AI™ is an innovative capability combining Sabre's travel technology expertise with state-of-the-art AI technology and advanced machine-learning services.
"As an industry we are facing a rapid pace of change," said Jiří Marek, CEO, Air Serbia. "After the challenges brought about by the COVID-19 pandemic, we are now looking forward to the opportunities of the summer season and exploring new ones. We must realize these opportunities in this volatile environment, while delivering an enhanced booking and travel experience to our customers. Sabre's innovative Air Price IQ is a key driver in our move from static pricing to dynamically created personalized offers."
In the current environment, airlines require intelligent systems to manage increased complexity, channel fragmentation and ever more sophisticated traveler expectations. The results of a recent study commissioned by Sabre and carried out by research consultancy Dr. Fried & Partner revealed that travelers consider more decision factors than ever before when booking travel, while expecting their travel provider to deliver a seamless, comfortable experience. Sabre's Air Price IQ is designed to help meet these evolving demands.
About Sabre Corporation
Sabre Corporation is a leading technology provider to the global travel industry. Sabre's software, data, mobile and distribution solutions are used by hundreds of airlines and thousands of hotel properties to manage critical operations, including passenger and guest reservations, revenue management, flight, network and crew management. Sabre also operates a leading global travel marketplace, which processes more than US$120 billion of global travel spend annually by connecting travel buyers and suppliers. Headquartered in Southlake, Texas, USA, Sabre serves customers in more than 160 countries around the world.
About Air Serbia
Air Serbia was launched under that name in October 2013 as the national airline of the Republic of Serbia. From three airports in Serbia (Belgrade, Niš, Kraljevo) it flies to destinations in Europe, the Middle East, North America and Africa, in passenger and cargo traffic. The airline also offers long-haul and international destinations in Asia, Australia, North America and Africa via its codeshare partners. Air Serbia's fleet includes one wide-body, 10 narrow-body and 5 turboprop aircraft. Find more information about the activities of the Serbian national airline at Air Serbia Media Centre.