Luxaviation launches Go-to-Zero Investment Fund to decarbonize business aviation

Global business aircraft and helicopter operator Luxaviation Group has announced the launch of “Go-to-Zero” Investment Fund in an effort to decarbonize its operations and reach net-zero by 2030.

The fund will make investments in new technologies, including Renewable Energy Sustainable Aviation Fuels (e-SAF) to help business achieve net zero carbon emissions goals.

“Throughout the group we are investing every effort to understand and reduce our carbon footprint. At the same time, we support developments in new technologies, driving the reduction of carbon emissions. We are fully conscious of the fact that transporting people in general and flying clients to destinations worldwide in particular requests thorough actions today,” said Patrick Hansen, CEO, Luxaviation Group.

The company said that it is extending invitations to other key players in the private aviation sector to join their effort and help the business aviation sector decarbonise.

“The outcomes of COP28 served as a catalyst for our decisive action”, said Hansen. “We are confident that our clients and partners will embrace this move and actively participate in the alliance, helping us achieve Net-Zero Carbon Emissions faster than anticipated”.