Biofuel progress gathers paceBy IAG | March 22nd, 2012 | Posted in Aviation News | No Comments
The need for commercial aviation to get out from under the fossil fuel burden is clear to everyone. Good news therefore from a meeting yesterday in Switzerland.
Boeing, Airbus and Embraer (where was Bombardier?) signed a memorandum of understanding to cooperate on the development of drop-in, affordable aviation biofuels. The three OEMs agreed to seek collaborative opportunities to speak in unity to government, biofuel producers and other key stakeholders to support, promote and accelerate the availability of sustainable new jet fuel sources.
Boeing Commercial Airplanes President and CEO Jim Albaugh, Airbus President and CEO Tom Enders, and Embraer Commercial Aviation President Paulo Cesar Silva, signed the agreement at the Air Transport Action Group (ATAG) Aviation and Environment Summit in Geneva.
"There are times to compete and there are times to cooperate," said Jim Albaugh. "Two of the biggest threats to our industry are the price of oil and the impact of commercial air travel on our environment. By working with Airbus and Embraer on sustainable biofuels, we can accelerate their availability and reduce our industry's impacts on the planet we share."
The three OEMs are affiliate members of the Sustainable Aviation Fuel Users Group (www.safug.org), which includes 23 leading airlines responsible for approximately 25% of annual aviation fuel use.
We should expect to see this process gather momentum – the necessity to reduce fossil fuel burn is clear -not because of the "green" aspect, but because without this the entire industry is going to be held hostage by fuel volatility. The fuel monopoly that must be broken immediately. Development of alternatives are crucial to industry sustainability.