Thai Airways International and Bangchak Corp have joined forces in a groundbreaking memorandum of understanding (MoU) aimed at revolutionizing the aviation sector’s approach to carbon emissions. The collaboration, announced on May 24, seeks to encourage the adoption of sustainable practices within both domestic and international aviation, with the ultimate goal of achieving carbon neutrality by 2050.
The chief of Thai Airways International’s corporate strategy, Taviroj Songkumpol, emphasized the significance of the partnership, highlighting that the aviation industry presently contributes 2% of global greenhouse gas emissions—a figure predicted to rise as the sector recovers from the impacts of the COVID-19 pandemic. Recognizing the pressing need for change, the MoU between Thai Airways International and Bangchak Corp will facilitate the exchange of knowledge and experiences, enabling the effective implementation of sustainable aviation fuel solutions.
Bangchak Corp, a Thai energy company, has already taken substantial steps toward reducing carbon emissions by outlining plans to convert its oil refineries into bio-refineries dedicated to the production of biofuels. This transition will play a pivotal role in slashing greenhouse gas emissions within the transportation and aviation sectors. Notably, Bangchak Corp launched a successful campaign late last year, recycling used cooking oil to create jet fuel—a testament to their commitment to sustainable practices.
The collaboration between Thai Airways International and Bangchak Corp not only marks a significant advancement in promoting sustainable aviation but also holds the potential to enhance the value of recycled fuel. By mitigating carbon dioxide emissions within the aviation sector, this partnership aligns with global environmental goals and serves as an exemplary model for other airlines and energy companies to follow suit.