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    DVB Bank SE  388  0 Kommentare DVB Bank and aireg are developing financing options for alternative aviation fuels


    (DGAP-Media / 01.10.2015 / 09:30)

    Frankfurt/Main, 1 October 2015 - DVB Bank SE (ISIN DE0008045501) is
    strengthening its commitment to sustainability and has joined aireg -
    Aviation Initiative for Renewable Energy in Germany e.V. As both announced
    today, DVB Bank, as the leading specialist for international transport
    financing, will support the climate efforts of the aviation industry in
    Germany. aireg has been working on the development and market introduction
    of alternative aviation fuels in Germany since 2011.

    Bertrand Grabowski, Member of DVB Bank SE's Board of Managing Directors,
    responsible for Aviation Finance and Land Transport Finance, commented on
    the Bank's membership in aireg:

    "DVB has been invited to join aireg as a full member from 1 October 2015,
    contributing the view of an aircraft financier and investor with a strong
    interest in value retention - especially of aircraft engines for which it
    is important to ensure that the use of biofuel has no negative impact on
    the maintenance cycle and useful life of an engine - as well as providing
    financial expertise to a largely research-oriented organisation.

    The environmental impact of commercial aviation should be of concern to
    every participant in this industry. To help reducing the carbon footprint
    of aircraft operations, manufacturers are constantly working on more
    fuel-efficient aircraft and engines for which DVB provides financing. In
    our thrive to help improving the sustainability of the industry, DVB would
    like to go beyond that and has therefore decided to support aireg's
    commendable initiative that takes a different, but complementary approach
    to further reduce the emissions produced by commercial aircraft.

    The quality and breadth of membership in aireg is adequate proof that the
    aviation industry is taking the initiative seriously. However, despite the
    importance of the topic for the whole aviation industry, no other financial
    institution has yet been invited - or indeed has applied on their own
    initiative - for membership in aireg. Given the Bank's active support for
    the German Sustainability Code, DVB is pleased and proud to be aireg's
    maiden flight with an aircraft financier. As a responsible and
    forward-looking specialist, DVB stands ready to actively participate in the
    organisation."

    Siegfried Knecht, Chairman of aireg:

    "For us, having DVB Bank on board sends an important message that the
    finance sector has also become aware of the strategic importance of
    sustainability for aviation. We are happy to now have a highly competent
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    DVB Bank SE DVB Bank and aireg are developing financing options for alternative aviation fuels (DGAP-Media / 01.10.2015 / 09:30) Frankfurt/Main, 1 October 2015 - DVB Bank SE (ISIN DE0008045501) is strengthening its commitment to sustainability and has joined aireg - Aviation Initiative for Renewable Energy in Germany e.V. As both announced …