Download Unicorn Signals App

Powered By EquityPandit
 Signals, Powered By  EquityPandit
BUSINESS

Indigo Joins WEF’s Sustainable Initiative

Indigo Airlines said it had joined a sustainability initiative led by WEF.

On Monday, Indigo Airlines, the country’s largest airline, said it had joined a sustainability initiative led by the World Economic Forum (WEF). The airline has become a signatory to India’s “Clear Skies for Tomorrow” India coalition campaign.


“IndiGo’s commitment to deploying sustainable programmes will help achieve the significant scale of SAF (sustainable aviation fuel) to achieve critical mass and cost-effectiveness for widespread adoption in India,” it said in a release.


On 18 February this year, IndiGo flew its brand new A320 neo aircraft from Toulouse, France, to New Delhi, 10% of which were a Singapore Armed Forces hybrid.


Launched in January 2019, Clean Skies for Tomorrow provides senior managers and public leaders within and outside the aviation value chain an important mechanism to coordinate the transition to sustainable aviation fuels as an industry component for carbon-neutral flying; It’s meaningful and positive. The goal is to produce commercially viable SAFs (biological and synthetic) at scale for industry-wide adoption by 2030 to support the aviation industry’s overall net-zero emissions pathway to 2050.


The Global Alliance now has more than 80 members. Indigo’s domestic market share in July was 58.8%.

Get Daily Prediction & Stocks Tips On Your Mobile