LanzaJet Joins the Air Transport Action Group, Helping to Foster the Global Aviation Sector’s Climate Ambition
LANZAJET JOINS THE AIR TRANSPORT ACTION GROUP, HELPING TO FOSTER THE GLOBAL AVIATION SECTOR’S CLIMATE AMBITION
Montréal, 12 July 2023 – LanzaJet, a leading sustainable aviation fuel (SAF) producer and technology company, has become the first new energy fuel provider to join the Air Transport Action Group (ATAG), a global association representing commercial aviation’s commitment to working towards the sector-wide commitment to net-zero carbon by 2050.
Haldane Dodd, Executive Director of ATAG said that by joining the global association, LanzaJet will join forces with like-minded industry leaders, airlines, airports, and organizations to advocate for sustainable practices, promote collaboration, and support the development and implementation of sustainable aviation solutions.
“Our Waypoint 2050 analysis outlines the potential pathways to net-zero carbon for aviation; all rely heavily on a rapid transition away from fossil fuels and towards SAF. This may cost up to $1.45 trillion over the coming three decades and requires a collective effort from the aviation sector, governments, finance community and the new energy providers such as LanzaJet. This transition is a challenge, but also an opportunity and we will need all hands on deck. By joining ATAG, LanzaJet is also signaling the importance of this collective approach.”
“At LanzaJet, we’ve long believed in working with the airline industry directly to address urgent decarbonization goals and we see it as an imperative to support the Air Transport Action Group as it brings the industry together,” said Jimmy Samartzis, CEO of LanzaJet. “Decarbonizing air travel is critical to mitigating the impacts of climate change, and SAF is our best near-term opportunity to do that. Through our partnership with ATAG, we can continue to accelerate the adoption of sustainable aviation fuels worldwide. And we must accelerate this critical work now; we can’t wait for someday to make meaningful change.”
LanzaJet’s technology converts ethanol derived from a variety of sustainable sources into SAF. This SAF has the potential to reduce lifecycle greenhouse gas emissions by at least 70% compared to conventional jet fuel, providing a significant step towards achieving carbon neutrality in the aviation industry.
As an ATAG member, LanzaJet will actively engage in collaborative initiatives and participate in knowledge-sharing activities aimed at promoting sustainable practices. By contributing its expertise and innovative solutions, LanzaJet seeks to help shape the future of aviation and drive the industry towards more sustainable operations.
About LanzaJet
LanzaJet, Inc. is a leading sustainable fuels technology company dedicated to accelerating the energy transition by embracing the circular economy. As a Sustainable Aviation Fuel (SAF) technology provider and producer with patented alcohol-to-jet (ATJ) technology, LanzaJet is creating better opportunities for future generations by accelerating the deployment of SAF and other clean technologies critical to addressing the climate crisis and transforming the global economy. Further information is available at www.lanzajet.com.
About the Air Transport Action Group (ATAG)
ATAG is a global association that brings together airlines, airports, aircraft and engine manufacturers, new energy companies and other industry stakeholders to promote sustainable aviation practices and drive aviation’s transition to a low-carbon future. By fostering collaboration, raising awareness and advocating for sustainable aviation solutions on a global scale, ATAG provides its members with a unique platform to share expertise and develop joint approaches, enabling governments, industry and civil society to work together to progress air transport’s sustainable development. For more information, please visit www.atag.org.