Just 1% of people are responsible for half of all toxic emissions from flying.
You could also just tax those things at rates the super-rich will actually feel in their bank accounts.
Or just a rate sufficient to remove and sequester 2x the amount.
Or require them to use 100% sustainable fuel to accelerate the development of such fuels.
Carbon sequestration is not possible right now or even for the foreseeable future.
Forcing jets to use renewable resources is a good one be should aim to ban private short and medium haul flights in general.