General Industry

Ryanair Signs Sustainable Fuel Agreement With Shell

By Dave Simpson
Ryanair Signs Sustainable Fuel Agreement With Shell

Ryanair has signed a memorandum of understanding (MOU) to advance the supply of sustainable aviation fuel (SAF) to more than 200 Ryanair airports across Europe.

Details

According to a statement published on Corporate.Ryanair.com, the agreement with Shell gives Ryanair potential access to 360,000 tonnes, or 120 million gallons, of SAF between 2025 and 2030, saving more than approximately 900,000 tonnes in CO2 emissions, which is the equivalent of more than 70,000 flights from Dublin to Milan.

Statement By Ryanair’s Sustainability Director

The statement published on Corporate.Ryanair.com quoted Ryanair’s sustainability director, Thomas Fowler, as saying, “SAF plays a key role in our ‘Pathway to Net Zero’ strategy, and also our commitment to a target of 12.5% SAF by 2030. Today’s agreement with Shell helps Ryanair secure access to [approximately] 20% of this ambitious goal. Shell is a key sustainability partner for Ryanair, and we look forward to building on this collaboration with Shell as our group grows sustainably, to carry 225 million passengers annually by FY26.”

Statement By Shell Aviation’s President

The statement published on Corporate.Ryanair.com also quoted Shell Aviation’s president, Jan Toschka, as saying, “It is fantastic to build on our existing relationship with Ryanair to now look at what we can achieve together on sustainability. This initial agreement demonstrates that both companies recognise that SAF is the key to unlock a net-zero future for aviation. We share the same ambition: to enable Ryanair’s passengers to fly lower carbon. Leadership and bold actions are needed to accelerate the decarbonisation of flight, and today’s announcement is a great example of this.”

© 2022 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.

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