Bombardier Covers the Totality of its Flight Operations with SAF through a Landmark Agreement with Signature Aviation

Rhea-AI Summary

Bombardier has partnered with Signature Aviation for a multi-year agreement to purchase sustainable aviation fuel (SAF), set to reduce greenhouse gas emissions by approximately 25% starting January 2023. This initiative, the first of its kind for a business aviation OEM, supports Bombardier’s goal of achieving a 25% reduction in GHG emissions from all operations by 2025. The Book & Claim system ensures rigorous accounting of emissions reductions while optimizing logistics. This partnership highlights both companies' commitment to environmental objectives and promotes the use of SAF across the industry.

Positive

• Initiative to cut greenhouse gas emissions from Bombardier's operations by 25%.
• First agreement of this scope for a business aviation OEM, enhancing industry leadership.
• Partnership reinforces commitment to sustainability and environmental goals.

Negative

• None.

• The initiative will reduce the annual greenhouse gas emissions associated with fuel use in Bombardier’s flight operations by approximately 25%, a significant gain.
• Signature Aviation’s Book & Claim solution ensures rigorous accounting of greenhouse gas emission reductions, while optimizing logistics.
• The agreement reinforces both companies’ commitments towards the industry’s environmental objectives and sends a positive message to stakeholders.
  

ORLANDO, Fla., Oct. 17, 2022 (GLOBE NEWSWIRE) -- Bombardier and Signature Aviation announced today they have reached a multi-year agreement for the purchase of sustainable aviation fuel (SAF) quantities, utilizing the Book and Claim system, covering all of Bombardier’s flight operations starting in January 2023. The agreement is the first of this scope for a business aviation original equipment manufacturer (OEM). The initiative reinforces both companies’ leadership role in the promotion, adoption and widespread use of SAF.

“Bombardier already has a unique environmental advantage as our production facilities in Quebec are powered by cleaner hydroelectricity. We will drive our environmental stewardship even further by covering all our production flights with SAF through the new agreement with Signature Aviation,” said Jean-Christophe Gallagher, Executive Vice President Services and Support, and Corporate Strategy. “More of our customers are using SAF and so must Bombardier – we must all share in the responsibility for a sustainable future. We believe that taking action today allows us to have maximum impact on the sector as a whole and on the production of SAF.”

“Signature Renew’s Book & Claim program is business aviation’s most pragmatic approach to making the lowest overall carbon intensity SAF quickly and easily accessible,” explained Tony Lefebvre, Chief Executive Officer for Signature Aviation. “Over the last two years, Signature has grown our SAF supply points to 17 global airports, or around 10% of our total network of private aviation terminals. But until we reach the milestone of SAF at every one of our terminals’ fuel farms, Book & Claim gives critical coverage to gaps in supply while immediately taking greenhouse gasses out of the atmosphere. Bombardier’s implementation of its ambitious sustainability plans demonstrates how any fleet operator, big or small, can tackle the challenge of their aircraft’s emissions through bulk carbon reductions, created right here in business aviation.”

As part of its regular activities, Bombardier carries out several flight operations. This includes production testing and certification flights in Canada, notably from Montreal. Flights between Toronto and Montreal are made with Global aircraft to perform the completion stages. Customer demonstration flights are conducted by a team based in Hartford, Connecticut. New aircraft platforms are certified from the Bombardier Flight Test Center in Wichita, Kansas. Finally, after-service check flights are conducted at all Bombardier service centres, including, for example, Fort Lauderdale, Florida, Berlin, Germany, and Singapore.

Bombardier’s decision will reduce annual greenhouse gas (GHG) emissions from fuel use in its flight operations by approximately 25%. This is a major annual gain in the near term, supporting Bombardier’s previously announced objective of reducing GHG emissions from all its operations by 25% by 2025, compared to 2019 levels. Bombardier’s 2025 objective is a step in line with the business aviation industry's goal of achieving a net carbon neutral footprint by 2050.

Sustainable aviation fuels are a blend, in defined proportions, of conventional fuel and fuel derived from approved sustainable sources. The ratio most commonly available is 30% pure sustainable fuel and 70% conventional fuel. Approved sources to produce sustainable fuels are feedstocks such as used cooking oils, forestry residues and agricultural residues. These cannot come from lands with high biodiversity or carbon stocks, cannot compete with the food chain, and must provide a societal benefit through the development of this new activity. The reduction of GHG emissions associated with sustainable aviation fuels is achieved throughout their life cycle, not just at the time of in-flight consumption.

In the current supply context, all SAF is evaluated for its average lifecycle Carbon Intensity, which considers all GHG emissions, from obtaining the feedstock through the process of bringing it to market. Bombardier has flight operations in many locations around the world where SAF is not produced nearby. Therefore, the most effective method at this time is to use the proven Book and Claim system to limit the negative impact of transporting these fuels over long distances.

Under the Book and Claim system, a user located near a SAF production site uses SAF in their flights. The GHG reductions associated with this use are claimed, in exchange for the additional cost of SAF, by another user located at a site where SAF is not available.

"To generate the environmental benefits associated with SAF now and to contribute to its widespread use, we will initially use the Book and Claim system, which ensures rigorous accounting of greenhouse gas emission reductions while optimizing the logistics”, said Gallagher.

Bombardier and Signature Aviation are building on an established business relationship. In October 2021, the two companies signed an agreement to develop diverse suite of services for an enhanced customer experience.

About Signature Aviation

Signature Aviation is one of the world’s preeminent global aviation companies offering exceptional experiences and essential support services to business and private aviation customers. The company’s large-scale infrastructure footprint enables travel and is a critical global economic driver. Signature operates an industry-leading network of private aviation terminals, with over 200 locations covering key destinations in 27 countries across five continents. The United States is the company’s largest market with operations at 38 of the top 50 busiest airports. The company also offers over 12 million square feet of multi-use office and hangar real estate, providing unique network-wide benefits and advantages to customers who base their aircraft at a Signature location. For more information, please visit www.signatureaviation.com

About Bombardier
Bombardier is a global leader in aviation, focused on designing, manufacturing, and servicing the world's most exceptional business jets. Bombardier’s Challenger and Global aircraft families are renowned for their cutting-edge innovation, cabin design, performance, and reliability. Bombardier has a worldwide fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments, and private individuals. Bombardier aircraft are also trusted around the world in special-mission roles.

Headquartered in Montréal, Québec, Bombardier operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. The company’s robust customer support network includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Italy, Austria, the UAE, Singapore, China, and an Australian facility opening in 2022.

For corporate news and information, including Bombardier’s Environmental, Social and Governance report, visit bombardier.com. Learn more about Bombardier’s industry-leading products and customer service network at businessaircraft.bombardier.com. Follow us on Twitter @Bombardier.

Bombardier and Global are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.

For Information

Mark Masluch Senior Director, Communications Bombardier + 1 514 855 7167 mark.masluch@aero.bombardier.com

Matthew Carroll Senior Vice President, Marketing Signature Aviation +1 240 388 6208 matthew.carroll@signatureflight.com

FAQ

What is Bombardier's agreement with Signature Aviation regarding sustainable aviation fuel?

Bombardier has entered into a multi-year agreement with Signature Aviation to purchase sustainable aviation fuel (SAF), aimed at reducing greenhouse gas emissions by approximately 25%.

When will Bombardier start using sustainable aviation fuel?

Bombardier is set to start using sustainable aviation fuel from January 2023.

How much will Bombardier's greenhouse gas emissions decrease due to this initiative?

The initiative will reduce Bombardier's annual greenhouse gas emissions by approximately 25%.

What is the Book & Claim system in relation to sustainable aviation fuel?

The Book & Claim system allows users near a SAF production site to use SAF and claim GHG reductions, enabling coverage for locations where SAF is not available.

What are Bombardier's environmental goals by 2025?

Bombardier aims to reduce GHG emissions from all its operations by 25% by 2025, compared to 2019 levels.