Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > Business aviation industry commits to net-zero carbon emissions by 2050
    Top Stories

    Business aviation industry commits to net-zero carbon emissions by 2050

    Published by maria gbaf

    Posted on October 13, 2021

    3 min read

    Last updated: January 29, 2026

    Image of Kim Leadbeater addressing the media about proposed changes to the UK's assisted dying law, emphasizing the removal of High Court judge sign-off to enhance the legislative process.
    Lawmaker Kim Leadbeater discusses UK's assisted dying law changes - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    Business aviation pledges net-zero emissions by 2050, focusing on sustainable fuel and efficient aircraft to reduce carbon footprint.

    Business Aviation Targets Net-Zero Emissions by 2050

    By Allison Lampert

    LAS VEGAS (Reuters) – The National Business Aviation Association (NBAA) and other industry groups on Tuesday committed to “net zero” carbon emissions by 2050, as the sector’s flagship private jet show kicked off in Las Vegas.

    Business aviation has joined airlines and airports in strengthening its plans to tackle climate change. Earlier, the industry had pledged to halve emissions from 2005 levels by 2050.

    Aviation accounts for roughly 3% of global CO2 emissions, and a surge in private travel is putting the business aviation industry under greater pressure to cut emissions.

    Aviation brokers and other industry executives at the show told Reuters that buyers are looking for more efficient models and asking about offsetting, but none are putting off purchases of corporate aircraft or private travel due to the environment.

    While business aviation emits a fraction of pollution compared with commercial, private travel has come under widening scrutiny because it generates more emissions per passenger than scheduled airline traffic.

    “The world is demanding sustainability,” NBAA chief executive Ed Bolen told a breakfast with reporters.

    A week ago, a group representing global airlines set the same target at its annual general meeting in Boston.

    Planemakers are adding more recycled material on planes, seeking ways to lighten aircraft to burn less fuel and working on a new generation of electric aircraft.

    But like airlines, corporate aircraft executives agree the quickest way to cut emissions is through use of sustainable aviation fuel (SAF) which is not widely available due to its higher costs.

    The U.S. Department of Energy website says sustainable aviation fuel is “made from renewable biomass and waste resources” and has the potential “to deliver the performance of petroleum-based jet fuel but with a fraction of its carbon footprint.”

    “SAF will decarbonize the industry quickly,” said Eric Trappier, chief executive of Dassault Aviation SA

    While SAF is now in too short supply to satisfy the needs of commercial aviation, a ramp up in production could more easily satisfy private flights, Trappier said.

    “Our clients, they are prepared to pay a bit more for fuel,” he said in an interview on the sidelines of the show.

    The French planemaker’s flagship Falcon 10X jet will come with engines designed to run entirely on sustainable aviation fuel, Dassault said.

    Trappier said the 10X has orders and has attracted “a lot of attention” but would not give specific numbers.

    According to a recent forecast on business aviation by Honeywell International, 83% of 2021 survey respondents said they do not currently use any methods for “environmentally friendly” flight operations.

    (Reporting By Allison Lampert in Las Vegas; Editing by David Gregorio and Alistair Bell)

    Key Takeaways

    • •Business aviation commits to net-zero emissions by 2050.
    • •Sustainable aviation fuel is key to reducing carbon footprint.
    • •Private jets face scrutiny for higher emissions per passenger.
    • •Industry seeks more efficient aircraft models.
    • •NBAA leads the commitment alongside global airlines.

    Frequently Asked Questions about Business aviation industry commits to net-zero carbon emissions by 2050

    1What is the main topic?

    The article discusses the business aviation industry's commitment to achieving net-zero carbon emissions by 2050.

    2How does the industry plan to reduce emissions?

    The industry plans to use sustainable aviation fuel and develop more efficient aircraft models.

    3Why is private aviation under scrutiny?

    Private aviation is scrutinized for higher emissions per passenger compared to commercial flights.

    More from Top Stories

    Explore more articles in the Top Stories category

    Image for Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Image for Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Image for Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Image for Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Image for Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Image for Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Image for Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Image for PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    Image for A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Image for Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Image for Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Image for ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    View All Top Stories Posts
    Previous Top Stories PostHundreds evacuated as red-hot lava threatens homes in Spain’s La Palma
    Next Top Stories PostHonda pitches new light jet model as private travel soars