Today, at the MRO Americas 2023 conference in Atlanta, Georgia, SR Technics with Kuehne+Nagel and Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) introduce “Sustainable Engine Alliance”. Together, the alliance members pledge to set new industry standards for low-carbon aircraft engine supply chains in line with SBTi targets.
Representing a wide range of the aviation industry, alliance members aim to reduce their collective environmental impact by building networks for sustainable engine supply ecosystems and offer portfolio of sustainable services. With its expertise and visibility throughout the entire engine supply chain, the alliance is firmly committed to facilitating low-carbon engine supply chains and taking an active role in developing best practices. The initial modules include global digital backbone for emission transparency, reduction and avoidance, deployment of sustainable fuels and engine stand management solutions. The initiative is expected to reduce engine supply chain related scope 3 emissions in line with aviation`s 2050 sustainability targets.
Jean-Marc Lenz, Chief Executive Officer at SR Technics states: “Sustainability is a strategic pillar of SR Technics’ organization and service portfolio. By extending the engine life cycle and delivering best-in-class on-wing performance, SR Technics contributes to the environmental impact of airline operations. We are very pleased to be joining with the leaders in this growing market, and we look forward to working with them to pilot this zero-emission journey together. With Kuehne+Nagel and Atlas Air, we have experienced partners on board who support our major cornerstone in our company development to sustainable growth in future.”
Erik Goedhart, SVP Global Head of Aerospace at Kuehne+Nagel, comments: “Collaboration is key to industry-wide improvements in aerospace sustainability. With the “Sustainable Engine Alliance”, we will set new standards for responsible sourcing and engine transportation, while creating further awareness within the industry to minimise environmental impact of engine supply chains jointly. I am confident that together with Atlas Air and SR Technics we will pave the way for future sustainability efforts in aerospace. And we invite other value chain companies to join us”.
James Forbes, Executive Vice President and Chief Operating Officer of Atlas Air Worldwide said: "We look forward to working with Kuehne+Nagel and SR Technics to accelerate decarbonization in our combined value chain. Through our partnership, we will be developing maintenance and supply chain best practices that will guide us well into the future and help us achieve our environmental stewardship goals.”