Wizz Air receives Sustainability Award

Wizz Air won the title of Most Sustainable Low Cost Airline for the third time at the World Finance Sustainability Awards 2023.

The panel praised Wizz Air’s sustainability achievements and its commitment to reduce its carbon intensity by a further 25 percent by the end of the decade, the company told our portal.

World Finance also acknowledged the airline’s continued investment in the latest technologies, fleet renewal, fuel efficiency initiatives, sustainable aviation fuel (SAF) collaborations, including the airline’s R&D investments, including partnerships between WIZZ and Airbus on hydrogen-powered aircraft.

Now in its fifth year, the World Finance Sustainability Awards recognise companies that put sustainability and green solutions at the heart of their operations. The award categories cover thirty industry segments.

Wizz Air has achieved its lowest ever carbon intensity of 53.8 grams of carbon dioxide per passenger kilometre in the 2023 financial year – a 6 percent reduction compared to pre-covid.

To achieve this, the airline has invested heavily in its fleet and continues to replace its fleet with new Airbus A321neo aircraft, which offer significant environmental benefits in terms of noise reduction and fuel savings, and can now fly with up to 50 percent SAF blends. The share of the new “neo” technology Airbus A320 family aircraft in Wizz Air’s fleet has now exceeded 50 percent, the statement recalls. (We wrote about the delivery of the new aircraft HERE.)

In April this year, Wizz Air announced its first equity investment in a biofuels company, Firefly Green Fuels, to support the development of SAF in the UK, and in May, as part of Indigo Partners, invested in US-based start-up Clean Joule SAF.