FXAIR Achieves Carbon-Neutral Operations in 2021, Offsetting 40,000 Metric Tons of Carbon Dioxide

• Verified Carbon Offset Credits Fight Climate Change at No Cost to Clients
• Clients Can Opt in at a Higher Level, Offsetting All Emissions That Cause Climate Change
• FXAIR’s Program Is Managed by 4AIR, Only Rating System Focused on Private Aviation Sustainability

NEW YORK–(BUSINESS WIRE)–FXAIR, the innovative premium on-demand charter provider, offset 40,000 metric tons of carbon dioxide (CO2) in 2021 on behalf of its clients through the use of carbon offset credits. Under the program operated by 4AIR, FXAIR purchases carbon offset credits that finance projects which negate the impact on the climate of the CO2 emissions created by FXAIR charter flights at no cost to clients. FXAIR clients also can voluntarily participate in additional programs that offset not just CO2 but also other climate-change pollutants.

“Our premium charter clients understand the challenges posed by climate change and want to do their part in supporting environmental sustainability,” said FXAIR President Gregg Slow. “The 4AIR program gives us a simple, efficient way to offset the emissions produced by jet aircraft and, at the same time, generate real societal benefits. We have been gratified by the enthusiastic response from our clients.”

During 2021, FXAIR offset all CO2 emissions on all flights chartered on behalf of its clients; unlike other North American charter providers, it did so at no cost to clients. With the guidance of sustainability experts, the offsets paid for by FXAIR supported projects that had an immediate and direct impact on climate improvement, including deforestation prevention, clean wind-generated electricity in the upper Midwest United States and wind turbine and other renewable energy projects.

The 4AIR rating framework is aligned with industrywide carbon reduction goals and is fully consistent with international standards. The framework offers various levels, each with specific, science-based goals, independently verified results and progressively greater impacts on sustainability. 4AIR manages the offsets, standards, verification, validation and retirement of carbon credits through the most respected and international leading bodies that issue and register credits.

FXAIR is committed to the 4AIR Bronze level, under which its charter flight operations are carbon-neutral by offsetting all of their CO2 emissions with verified carbon offset credits. In addition, some FXAIR clients voluntarily increased their participation in 4AIR programs to offset all emissions that affect the climate, including non-carbon emissions such as soot, water vapor and contrails.

“Unique among North American charter providers, we went all in on automatically offsetting every flight we arrange at no additional cost to our clients,” added Slow. “In this case we are protecting not only our clients as ESG (Environmental, Social, and Governance) standards are increasingly scrutinized, but most importantly, are undertaking meaningful action to curb private jet travel’s impact on climate change. We see this as another example of the refinement premium charter by FXAIR provides over other charter offerings.”

About FXAIR

FXAIR is the only charter provider offering on-demand charter access to premium light cabin, mid cabin, super mid cabin, large cabin and ultra-long range aircraft including the Challenger 300 and Global Express. FXAIR’s Aviator Program offers clients preferred access to these aircraft, even on peak travel days, along with a host of other benefits. The FXAIR network of aircraft comes from providers who meet the most stringent safety standards in the private aviation industry, standards that often exceed the FAA’s regulations. FXAIR upholds a 4Air Bronze Sustainable Rating. FXAIR is headquartered in New York, New York, and is a member of the Directional Aviation family of companies. For more details on aircraft and programs, visit www.fxair.com and follow @FlyFXAIR on Twitter and Instagram.

Contacts

Nicholas Parmelee

The Hubbell Group, Inc.

216-406-5602 (mobile)

781-878-8882 (office)

nparmelee@hubbellgroup.com