OMV and Ryanair sign SAF agreement
This MoU agreement gives Ryanair access to purchase up to 160,000 tons of SAF from OMV over the next eight years, starting in 2023.
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.
OMV is implementing numerous measures to achieve its ambitious strategic sustainability goals, and SAF makes an essential contribution in this transformation.
Nina Marczell, OMV vice president aviation, fuels distributors and public sector, said: “We are committed to reducing our own carbon footprint as well as supporting our customers in reducing theirs. This MoU a great opportunity to accelerate both companies' sustainability efforts. Sustainable aviation fuel significantly reduces CO2 emissions, and we are delighted to collaborate with strong partners like Ryanair and to provide solutions for the sustainable development of the aviation industry.”
Ryanair’s director of sustainability Thomas Fowler added: “SAF is a cornerstone of our Pathway to Net Zero decarbonisation strategy and we are committed to increasing our use of SAF over the coming years, a commitment that this agreement will play an instrumental role in. OMV is a key partner for us in Austria, Germany and Romania and we look forward to growing this partnership as Europe’s largest airline.”