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Hungarian Airline Invests Billions in Sustainable Aviation Fuel

  • CURRENT

Hungarian Airline Invests Billions in Sustainable Aviation Fuel

Tibor Oláh/MTVA/MTI
Wizz Air announced a partnership with Firefly Green Fuels. Firefly produces sustainable aviation fuel from sewage sludge. The aim of the partnership is to further decrease the carbon footprint of the aviation company.
  • Ádám Bráder
  • — 27.04.2023

The Hungarian aviation company Wizz Air announced that they have invested 5 million pounds—approximately 2,1 billion forints—in Firefly, a company that manufactures sustainable aviation fuel (SAF). With the investment the airline expects to reduce its carbon footprint by 1.5 tonnes in the next 10 years, the company stated in a press release on Monday.

The agreement with Firefly allows Wizz Air to supply its bases functioning in the UK with SAF starting from 2028. According to the preliminary calculations, this would mean approximately 525,000 tonnes in the next 15 years. They emphasised that over the course of a year over 57 million tonnes of sewage sludge is produced in the United Kingdom. Experts predict that about 250,000 tonnes of biofuel can be created from the waste.

The goal of the airline is to reduce its carbon footprint by a further 25 per cent by the year 2030.

Wizz Air had its lowest-ever yearly carbon intensity in 2022, coming in at 55.2 grams per passenger/km, a 15 per cent year-on-year decrease. To do this, the airline has made significant fleet investments, bringing in new planes and retiring older ones in favour of the Airbus A321neo. With its cutting-edge technology and great environmental advantages, the Airbus A321neo aircraft can fly with up to 50 per cent SAF blend. Wizz Air is continually working on fuel saving efforts and enhancing its data analytics in addition to its ambitious fleet renewal program, the company stated.

James Hygate, CEO of Firefly Green Fuels, said: ‘We are thrilled to be establishing a partnership with Wizz Air. The investment will accelerate the commercialisation of our game-changing Firefly process, with the binding off-take agreement saving a staggering 1.5 million tonnes of carbon emissions. Firefly will facilitate a step change towards the future of air travel. The feedstock, sewage sludge, is available in vast quantities globally and with Firefly we can put it to a truly beneficial use, reducing the use of fossil fuels in the hardest to decarbonise areas.’


Related articles:

Hungarian Wizz Air to Acquire 75 New Planes
Hungary is Making Good Progress Towards Sustainability
Ádám Bráder graduated from the Faculty of Humanities of Eötvös Loránd University in 2021 as an English major specializing in English in the Media and Applied Linguistics. From 2017, he worked as an assistant editor at TV2’s news programme. After graduating, he continued his work as an online journalist, which led to him joining the Hungarian Conservative team in 2022.
  • Tags: airlines, biofuel, carbon footprint, company, cutting-edge, emission, Europe, Firefly, fossil fuels, fuel, Hungary, investment, partnership, sewage sludge, sustainability, Tech, technology, UK, Wizz Air

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