Textron Aviation today announced a new ProAdvantage program,
SustainableAdvantage℠, to provide owners with an additional option
for reducing their carbon dioxide emissions from operating
aircraft. In collaboration with 4AIR, the program is set to launch
in January 2024 and is available to eligible customers who own and
operate Cessna, Beechcraft and Hawker turbine aircraft
worldwide.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20231211958990/en/
Beechcraft King Air Sustainability
(Photo: Business Wire)
Beechcraft, Cessna and Hawker customers receive factory-direct
support, maintenance and modifications by Textron Aviation Inc., a
Textron Inc. (NYSE: TXT) company, through its global network of
service and part centers, mobile service units and 24/7 1CALL AOG
support.
“Owners have increasingly become interested in solutions that
mitigate the carbon footprint of operating their aircraft,” said
Brad White, senior vice president, Global Parts and Programs,
Textron Aviation. “SustainableAdvantage provides them the
opportunity to have a seamless option to offset their carbon
emissions through a Textron Aviation approved program and
supplier.”
Textron Aviation will administer SustainableAdvantage as part of
its easy-to-use array of ProAdvantage programs and connect owners
to 4AIR. 4AIR is the first company to offer comprehensive
sustainability solutions for business aviation.
SustainableAdvantage will offer owners the option to offset their
aircraft emissions footprint with 4AIR’s Bronze Level. Carbon
offsets reduce emissions elsewhere which can be claimed against the
carbon footprint from operating aircraft.
“Our relationship with Textron Aviation acknowledges the many
strides we have made in the industry to make sustainability more
accessible,” said Nancy Bsales, chief operating officer, 4AIR. “We
are excited to provide Cessna, Beechcraft and Hawker owners with
sustainable solutions that address and meet their environmental
commitments and goals.”
4AIR will provide owners who choose to join SustainableAdvantage
a personalized, annual report that will document offset purchases.
Additionally, 4AIR offers monitoring and compliance reporting
requirements for the Carbon Offsetting and Reduction Scheme for
International Aviation (CORSIA) and the European Union, French and
United Kingdom Emissions Trading System (ETS) as well as other ESG
reporting requirements.
The SustainableAdvantage portfolio currently managed by 4AIR
supports four projects around the globe:
- Rainier Gateway Forestry Project
- Cookstove Project
- Bundled Solar
- Solar Energy – Renewable Power by Adani
Sustainability at Textron Aviation
Textron Aviation is committed to environmental sustainability
and natural resource conservation and supports the Business
Aviation Commitment on Climate Change. As part of Textron Inc.,
Textron Aviation established enterprise-wide five-year goals to
reduce greenhouse gas emissions by 20%, and reduce energy
consumption, water use and waste generation by 10% by the end of
2025. Additionally, nearly all the company's electricity needs in
Kansas are powered by renewable wind energy.
Robust investments in Textron Aviation’s products and facilities
encourage sustainability in its designs and operations. The
Beechcraft Denali and Cessna Citation Ascend highlight the
company's dedication to reducing emissions and improving efficiency
through its new aircraft projects. Customers can take delivery of
their aircraft using sustainable aviation fuel (SAF) and they can
also refuel with it at Textron Aviation's service center in
Wichita, Kansas.
The company is actively supporting the development of
sustainable propulsion solutions, such as hydrogen electric and
hybrid electric. Its global service network received
recertification from the National Air Transportation Association
(NATA) as a Green Aviation Business and by NBAA for the increased
sustainability efforts of its ground support.
About Textron Aviation
We inspire the journey of flight. For more than 95 years,
Textron Aviation Inc., a Textron Inc. company, has empowered our
collective talent across the Beechcraft, Cessna and Hawker brands
to design and deliver the best aviation experience for our
customers. With a range that includes everything from business
jets, turboprops, and high-performance pistons, to special mission,
military trainer and defense products, Textron Aviation has the
most versatile and comprehensive aviation product portfolio in the
world and a workforce that has produced more than half of all
general aviation aircraft worldwide. Customers in more than 170
countries rely on our legendary performance, reliability and
versatility, along with our trusted global customer service
network, for affordable and flexible flight.
For more information, visit www.txtav.com |
www.defense.txtav.com | www.scorpionjet.com.
About Textron Inc.
Textron Inc. is a multi-industry company that leverages its
global network of aircraft, defense, industrial and finance
businesses to provide customers with innovative solutions and
services. Textron is known around the world for its powerful brands
such as Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex,
Lycoming, E-Z-GO, Arctic Cat, Textron Systems, and TRU Simulation +
Training. For more information, visit: www.textron.com
Certain statements in this press release are forward-looking
statements which may project revenues or describe strategies,
goals, outlook or other non-historical matters; these statements
speak only as of the date on which they are made, and we undertake
no obligation to update or revise any forward-looking statements.
These statements are subject to known and unknown risks,
uncertainties, and other factors that may cause our actual results
to differ materially from those expressed or implied by such
forward-looking statements.
About 4AIR
4AIR is an aviation industry pioneer offering turnkey,
accessible sustainability solutions. Its industry-first framework
seeks to address climate impacts of all types and provides a
simplified and verifiable path for aviation industry participants
to achieve meaningful aircraft emissions counteraction and
reduction. The 4AIR framework offers four levels, each with
specific, science-based goals, industry-aligned benchmarks, and
progressively greater impacts on sustainability that make it easy
for private aviation users to pursue sustainability through access
to carbon markets, use of Sustainable Aviation Fuel, support for
new technologies and other strategies. For more information, visit
us at www.4air.aero.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231211958990/en/
Media: Kate Flavin +1.316.517.1419 kflavin@txtav.com
txtav.com
Textron (NYSE:TXT)
Historical Stock Chart
From Mar 2024 to Apr 2024
Textron (NYSE:TXT)
Historical Stock Chart
From Apr 2023 to Apr 2024