AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Signature aviation4/30/2023 ![]() ![]() Since then, we’ve maintained a sharp focus on investing in the supply chain, collaborating with our customers, and expanding availability with Neste. “Two years ago we announced our first permanent supply of sustainable jet fuel for private aircraft in San Francisco. "Together, Signature and Neste are meeting the industry’s growing demand by increasing the volumes and locations where customers can have easy access to SAF to achieve their bold climate goals.” “SAF is recognized as the most effective way to reduce GHG emissions from air travel and an important solution to reaching the business aviation industry’s pledge to achieve net-zero carbon emissions by 2050,” says Chris Cooper, President of Neste US. Through the scope of the current partnership, Neste and Signature will deliver over 29 million gallons (89,000 tonnes) of blended SAF, reducing over 62 thousand tonnes of greenhouse gas (GHG) emissions, equivalent to the emissions from more than 13,000 cars in a year. This expansion of SAF availability is built on the existing partnership between Neste and Signature from 2020. Together with Neste, the world’s largest producer of sustainable aviation fuel, Signature is accelerating the business aviation industry’s journey towards net-zero carbon emissions. SAF has been widely acknowledged as a key element in helping to achieve aviation’s emissions reduction goals. This brings SAF available to all 10 of Signature Aviation’s owned locations in California. ![]() All members of the Davis Polk team are based in the London office.Signature Aviation, the world’s largest network of Fixed-Base Operations (FBO) delivering essential support services at private aviation terminals, announced today that it has expanded the availability of Neste MY Sustainable Aviation Fuel™ (SAF) to all of its locations in California.īusiness aviation users now have greater access to SAF in California, enabling them to reduce greenhouse gas emissions of their air travel when flying from Signature Aviation’s private aviation terminals at San Diego International Airport, Santa Barbara Municipal Airport, Fresno Yosemite International Airport, and Palm Springs International Airport. Counsel Alon Gurfinkel and associate Omer Harel provided U.S. ![]() Young and associates Maxim Van de moortel and Despoina Arslanidi. The Davis Polk corporate team included partner Reuven B. Signature serves customers at more than 360 FBO locations covering key markets in North America, Europe, South America, the Caribbean, Africa and Asia. Signature is a leading global fixed-base operator (“FBO”) network for business and general aviation travelers and provides premium, full-service flight support, including fuel and non-fuel services, ground handling and technical support for passengers, crew and aircraft. The transactions comprised a cash tender offer and consent solicitation, a standalone consent solicitation, a change of control repurchase offer and a redemption. Davis Polk advised Signature Aviation in connection with certain liability management transactions related to its 5.375% senior notes due 2026 and 4.000% senior notes due 2028 in connection with the acquisition of Signature Aviation plc by a consortium comprised of Blackstone Infrastructure and Blackstone Core Equity, Global Infrastructure Partners and Cascade via a court-sanctioned Scheme of Arrangement. ![]()
0 Comments
Read More
Leave a Reply. |