Wizz Air published its annual report on sustainable development goalsdisplaying a additional 11% reduction in CO2 emissions.
During the fiscal year 2022-2023, the CO2 emissions intensity of the Hungarian low cost was 53.8 grams per passenger per kilometer. This is a drop of no less than 11% compared to the previous year. This is the best result ever recorded for Wizz Air in a fiscal year.
Wizz Air believes that its sustainable development objectives have been achieved thanks in particular to the renewal and expansion program of its fleet. In the fiscal year ending March 31, 2023, 35 new A321neo aircraft were added to the fleet. The average age of the fleet has decreased to 4.6 years. Wizz Air has the youngest fleet of any European airline with at least 100 aircraft.
It has signed agreements with Mabanaft/P2X Europe, OMV, Neste and Cepsa. These companies will supply Wizz Air with sustainable aviation fuel (SAF) in the future. It has invested £5m in biofuels company Firefly and participated in US$50m in CleanJoule, an American biofuels start-up, and tested SAF’s supply chain in Hungary. in cooperation with Neste, MOL and Budapest Airport. Finally, it joined two initiatives of the European Commission in favor of decarbonization, Alliance for Zero Emission Aviation and Renewable and Low-Carbon Fuels Value Chain Industrial Alliance.
Europe’s fastest growing airline, Wizz Air currently operates a fleet of 184 Airbus A320 series aircraft – all flights are operated by Airbus A320s (180 seats), Airbus A320neos (186 seats), Airbus A321 (230 seats) and Airbus A321neos (239 seats). In the 2022-2023 financial year, it carried 51.1 million passengers.