Charter & Fractional
Airbus Study: Fleet Upgrades Motivated by Sustainability, SAF
79% of polled execs cited sustainability as factor
David McIntosh/AIN
© David McIntosh/AIN

A study commissioned by Airbus Corporate Jets found that 79% of polled U.S. senior business executives from companies that lease or own private jets said sustainability and the use of sustainable fuels was one of their top three reasons for considering upgrading their fleets within the next five years.

The second biggest factor driving potential upgrades is an increased emphasis on operating costs. Respondents also cited that newer, better models have recently been launched. Notably, only 14% cited more range as a reason to upgrade, implying that OEMs with aircraft that can fly 7,500 to 8,000 nm at subsonic speeds have reached the endurance limits of passengers.