Sustainability and Environment
Luxaviation Accelerates Decarbonization with 'Go-to-Zero' Fund
The aircraft operator says it now aims to achieve net-zero carbon by 2030
Luxaviation operates private aircraft
Luxaviation says it will accelerate efforts to cut carbon emissions to net zero for its flights and supporting services.

Private aviation group Luxaviation has pledged to achieve net-zero carbon emissions for its operations in 2030—sooner than expected. On Thursday, the company announced it is launching what it calls a “Go-to-Zero” investment fund to introduce multiple sustainability measures in all aspects of the way it does business.

The European group said that while carbon offsetting “is a step in the right direction, it is an imperfect solution,” and accordingly, it “is adopting a holistic and aggressive approach to sustainability." The new fund, for which the investment level has not been disclosed, will support the introduction of multiple new technologies, including electric ground vehicles and sustainable aviation fuels produced from renewable sources.

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