commit dca49ef5e3eff8a731c2fb74ff91fe248fadc19d Author: jefferyancher Date: Sat Jan 11 15:15:46 2025 +0000 Add Airlines Focus On Biofuel Trials Gather Momentum diff --git a/Airlines-Focus-On-Biofuel-Trials-Gather-Momentum.md b/Airlines-Focus-On-Biofuel-Trials-Gather-Momentum.md new file mode 100644 index 0000000..eccf79f --- /dev/null +++ b/Airlines-Focus-On-Biofuel-Trials-Gather-Momentum.md @@ -0,0 +1,9 @@ +
It's bad enough for some prop planes to be referred to as being powered by elastic band. Now the skeptics could begin having a dig at commercial aircraft flying on whatever from cooking oil to liquefied algae.
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With the civil air travel industry under increasing pressure from increasing oil prices and environmental legislation, the race is on to find viable options to [traditional](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) kerosene and these up until now seem to come down to various kinds of [biofuel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).
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Not surprisingly, the first trials of alternative fuel were initiated by British air travel pioneer, Sir Richard Branson, whose Virgin Atlantic began London to Amsterdam flights with minimal [biofuel](https://stocktwits.com/symbol/MNEL) usage in 2008. This was rapidly followed by Lufthansa and Air New Zealand who each utilized various blends of routine fuel and bio [derivatives consisting](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) of some from made from [jatropha](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) which can grow in soil considered too bad for growing mainstream [foodstuffs](https://pitchbook.com/profiles/company/51278-86).
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[Jatropha](https://pitchbook.com/profiles/company/51278-86) is a genus of approximately 175 succulent plants, shrubs and trees (some are deciduous, like [Jatropha](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) [jatropha curcas](https://forest500.org/rankings/companies/mission-newenergy-limited)), from the family Euphorbiaceae.
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In 2007 Goldman [Sachs mentioned](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) [Jatropha curcas](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) as one of the finest candidates 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](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) and pests, and produces seeds [including](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) 27-40% oil.
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Recently, US aerospace giant Boeing, Brazilian aerial [major Embraer](https://www.zoominfo.com/c/mission-newenergy/346542889) and the Sao Paulo state Research [Foundation](https://forest500.org/rankings/companies/mission-newenergy-limited) moved to perform research study and advancement into the usage of biofuels to power jet airliners. It was reported that Brazilian airline companies Azul, Gol, TAM and Trip would serve as strategic experts for the task.
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The most recent airline company to start explore new fuels is the Alaska Air Group which has performed internal US flights using a blend of 80 % [petroleum based](https://stocktwits.com/symbol/MNEL) fuel and 20% [biofuel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) made from cooking oil. This mix, it is declared, can cut hazardous emissions by 10%.
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One actually motivating advancement has actually been the move away from biofuels which compete head on with food customers therefore preventing a [rate spiral](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd). Not so long earlier, a rise in usage of biofuels in cars and trucks triggered a spike in maize rates as US farmers diverted too much corn to fuel processing.
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Hopefully in the future, airline companies and vehicle drivers will focus [biofuel](https://stocktwits.com/symbol/MNEL) usage on non-food sources such as [jatropha curcas](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) and algae. It would be a mixed blessing undoubtedly if some people ended up starving simply to please somebody else's green credentials.
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