commit 555aac7887b4d20ac675a550c5146501c64718ad Author: florianlockwoo Date: Sat Jan 11 13:36:42 2025 +0000 Add Airlines Concentrate On Biofuel Trials Gather Momentum diff --git a/Airlines-Concentrate-On-Biofuel-Trials-Gather-Momentum.md b/Airlines-Concentrate-On-Biofuel-Trials-Gather-Momentum.md new file mode 100644 index 0000000..e0d841d --- /dev/null +++ b/Airlines-Concentrate-On-Biofuel-Trials-Gather-Momentum.md @@ -0,0 +1,9 @@ +
It's bad enough for some prop airplanes to be described as being powered by elastic band. Now the skeptics might start having a dig at commercial airplane flying on everything from cooking oil to melted algae.
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With the civil air travel industry under increasing pressure from rising oil costs and [ecological](https://www.google.com/search?kgmid=/m/0cqd_rb) legislation, the race is on to find practical options to [traditional](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) kerosene and these up until now seem to boil down to different types of [biofuel](https://stocktwits.com/symbol/MNEL).
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Not surprisingly, the very first trials of alternative fuel were initiated by [British air](https://www.crunchbase.com/organization/mission-newenergy) travel pioneer, Sir Richard Branson, whose Virgin Atlantic started London to Amsterdam flights with minimal [biofuel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) use in 2008. This was rapidly followed by Lufthansa and Air New Zealand who each used various blends of routine fuel and bio derivatives including some from made from [jatropha curcas](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) which can grow in soil thought about too bad for growing mainstream foods items.
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[Jatropha](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) is a genus of around 175 [succulent](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) plants, shrubs and trees (some are deciduous, like [Jatropha curcas](https://forest500.org/rankings/companies/mission-newenergy-limited)), from the family Euphorbiaceae.
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In 2007 Goldman Sachs cited [Jatropha curcas](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) as one of the very best prospects for future [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) production. It is resistant to drought and insects, and produces seeds [consisting](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) of 27-40% oil.
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Recently, US aerospace giant Boeing, Brazilian aerial significant Embraer and the Sao Paulo state Research [Support](https://www.pinterest.com.au/missionnewenergy/) Foundation transferred to perform research and into making use of biofuels to power jet airliners. It was reported that [Brazilian airlines](https://www.bloomberg.com/profile/company/MNELF:US) Azul, Gol, TAM and Trip would function as tactical consultants for the task.
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The current airline company to start explore [brand-new fuels](https://www.pinterest.com.au/missionnewenergy/) is the Alaska Air Group which has carried out [internal](https://www.bloomberg.com/profile/company/MNELF:US) US [flights utilizing](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) a mix of 80 % petroleum based fuel and 20% [biofuel](https://www.bloomberg.com/profile/company/MNELF:US) made from cooking oil. This mixture, it is declared, can cut hazardous emissions by 10%.
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One actually encouraging advancement has actually been the move far from biofuels which complete head on with food customers therefore preventing a price spiral. Not so long back, a surge in use of [biofuels](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) in cars triggered a spike in maize rates as US farmers diverted too much corn to fuel processing.
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Hopefully in the future, airlines and motorists will focus [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) usage on non-food sources such as [jatropha](https://pitchbook.com/profiles/company/51278-86) and algae. It would be a combined blessing undoubtedly if some people wound up starving just to satisfy somebody else's green qualifications.
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