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At Lufthansa Group, Kneissl Touristik invests in sustainable aviation fuel

At Lufthansa Group, Kneissl Touristik invests in sustainable aviation fuel

One of the first Austrian tour companies to invest in Sustainable Aviation Fuel (SAF) for flights with Austrian aircraft and other Lufthansa Group aircraft is Kneissl Touristik. The family-run business (Kneissl Touristik – sabtours Group) invests in sustainable aviation fuel with the money that clients donate in July and August 2023 to offset the CO2 emissions of their travels. This SAF amount is used by the Lufthansa Group’s airlines to cut back on the CO2 emissions associated with flying. With this investment, Kneissl Touristik and the Lufthansa Group’s airlines are making significant progress toward more environmentally friendly air travel.

In comparison to fossil fuel, Austrian Airlines’ Sustainable Aviation Fuel cuts CO2 emissions by about 80% over the course of its lifecycle. It is made of biogenic residues like discarded cooking oils. Increased production of fuels derived from renewable sources that have even greater potential for reduction is planned for the upcoming years. Sustainable aviation fuel is still not widely available, and it costs three to five times as much as fossil fuel. One of the biggest SAF consumers in the world, Lufthansa Group utilized 5% of the SAF produced worldwide in 2017.

The independent Science Based Targets Initiative (SBTi) approved the Lufthansa Group’s CO2 reduction objective (minus 30.6 percent of specific CO2 emissions by 2030) in August 2022. With a scientifically supported CO2 reduction target in line with the 2015 Paris Climate Agreement’s objectives, the Lufthansa Group was the first airline group in Europe. The Lufthansa Group invests in expedited fleet modernization, ongoing flight operations optimization, the use of Sustainable Aviation Fuel, and offerings for individual and corporate clients to make their air travel more environmentally friendly in order to attain the goal of CO2-neutral aviation by 2050.

Source- Travel daily
Link- https://www.traveldailymedia.com/kneissl-touristik-invests-in-sustainable-aviation-fuel-at-lufthansa-group/

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