Extract
Airline Finance News - North America.
Apr 19, 2009
Progress in green travel for the airline industry remains slow compared to steps taken in the auto and hotel industries. Airlines didn[sup.1]t begin to aggressively explore alternatives until jet fuel costs skyrocketed in 2008. In July 2008, British Airways and Rolls-Royce announced a scientific test program to identify practical alternatives to kerosene, with potential to reduce aircraft carbon footprints. Continental Airlines, Virgin Atlantic and Japan Airlines (JAL) carried out similar tests shortly after Air New Zealand, using different mixes. In January, a Continental two-hour flight over Houston used a Boeing 737 twin-engine partially powered by a biofuel composed of algae and jatropha. In February, Virgin Atlantic tested a London-to-Amsterdam flight that included a mixture of coconut oil and babassu oil in one of the four main fuel tanks. Across the Pacific, JAL tested a Boeing 747-300 in which one of the four engines was power...See the full content of this document
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