Private jet charter company VistaJet has outlined plans to reach carbon neutrality by 2025 in a bid to get the aviation industry's sustainability goals off the ground.
VistaJet's founder and chairman said the company's shared economy business model, which "competes with full aircraft ownership" by giving subscribers access to its fleet of 160 private jets, means customers will be more willing to reinvest cost savings into sustainable add ons.Thomas Flohr"The price and cost advantages that we give allow for that extra charge," Thomas Flohr told CNBC's "" on Thursday.
"This is really one of the problems with corporate jets. Some of these empty flights can be up to 50% versus a shared model where it's constantly optimized," he noted. While commercial airlines may take several years to return to full capacity due to the pandemic, companies like VistaJet can now operate smaller planes at full capacity, he said.
I guess $gevo can help with that
All this talk from companies saying they will be carbon neutral is just for show. Virtually impossible.
That's why I take my own plane for carbon neutrality
Bull!