Victor to lead wider SAF adoption in MENA private aviation sector
On-demand jet charter platform Victor announced that it will work towards promoting wider adoption of sustainable aviation fuel (SAF) by leveraging its learnings from two years of offering SAF directly to private jet flyers.
Victor is partnering with Finnish SAF producer Neste. To date, the company said it has had 427 SAF bookings, with average spend per booking at AED4,500, helping it achieve total CO2 reduction of 653 tonnes.
Sharing its learnings, the company said that: “One in five private aircraft charterers are willing to pay an additional AED4,500 for SAF per booking, providing an average carbon emission reduction of 1.5 tonnes. The average amount of Jet-A fossil fuel Victor customers choose to replace with SAF is 30% per booking. Victor’s aim in 2024 is for at least one in five MENA customers to buy SAF for their jet charter bookings”.
The company said it is working on two-pronged approach of increasing voluntary SAF demand and encourage adoption of its SAF blueprint by other business and commercial aviation companies across MENA.
“Our results in partnership with Neste evidence many flyers acknowledge they are living beyond their environmental means and will therefore voluntarily pay more for their carbon consumption when they fly. We strongly advocate for the wider aviation industry to accelerate SAF demand by enabling all flyers to voluntarily buy SAF,” said Toby Edwards, co-CEO, Victor.
Victor recently relocated its headquarters to Abu Dhabi from the UK.
Victor and Neste signed a partnership agreement in June 2022 for SAF purchases.