Virgin Atlantic sets new carbon targets to reach net zero by 2050

It is targeting a 40% reduction in carbon emissions by 2040 and looking to increase its use of SAF to 10% by the end of this decade

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Virgin Atlantic has announced new carbon targets to reinforce its commitment to achieving net zero emissions by 2050.

It has pledged to achieve a 15% net reduction in carbon emissions and the use of 10% sustainable aviation fuel (SAF) by 2030.

By 2040, it is targeting a 40% reduction in these emissions form 2019 levels and is looking to electrify its fleet to help achieve this.

It has cut its emissions by 20% so far with a multibillion-dollar investment in having what it claims is the youngest and cleanest twin-engine fleets in the skies – with aircraft under seven years of age.

Shai Weiss, CEO, commented: “For more than a decade we’ve been leading the way in the decarbonisation of the aviation industry and now as we emerge from the COVID-19 pandemic we have a unique opportunity to ensure we return to the skies more sustainably.

“The carbon targets outlined today will help us achieve this as we work tirelessly on our mission to reach net zero emissions by 2050.

“Aviation is a truly global industry and we can’t tackle this on our own. That’s why we’re continuing to work closely with the UK’s Jet Zero Council and Sustainable Aviation, as well as aligning with innovation and technology partners across the industry and beyond.

“There is a long road ahead but we’re committed to pioneering change and being transparent on our progress, on our way to a low carbon future.”