Add Airlines Concentrate On Biofuel Trials Gather Momentum

Kim Esmond 2025-01-18 06:05:07 +08:00
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<br>It's bad enough for some propeller planes to be explained as being powered by rubber bands. Now the cynics might begin having a dig at business aircraft flying on whatever from cooking oil to melted algae.<br>
<br>With the civil aviation market under increasing pressure from [increasing oil](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) costs and ecological legislation, the race is on to discover viable options to standard kerosene and these so far seem to boil down to various types of [biofuel](https://stocktwits.com/symbol/MNEL).<br>
<br>Not remarkably, the very first trials of alternative fuel were initiated by British air travel leader, Sir Richard Branson, whose Virgin Atlantic began London to Amsterdam flights with minimal [biofuel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) usage in 2008. This was rapidly followed by [Lufthansa](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) and Air New Zealand who each utilized different blends of routine fuel and bio derivatives consisting of some from made from [jatropha](https://www.zoominfo.com/c/mission-newenergy/346542889) which can grow in soil considered too poor for growing mainstream foods.<br>
<br>[Jatropha](https://www.zoominfo.com/c/mission-newenergy/346542889) is a genus of around 175 succulent plants, shrubs and trees (some are deciduous, like [Jatropha curcas](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm)), from the family Euphorbiaceae.<br>
<br>In 2007 Goldman Sachs cited [Jatropha](https://www.pinterest.com.au/missionnewenergy/) [jatropha curcas](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) as one of the finest prospects for future [biodiesel](https://www.crunchbase.com/organization/mission-newenergy) production. It is resistant to drought and bugs, and produces seeds including 27-40% oil.<br>
<br>Recently, US [aerospace giant](https://www.crunchbase.com/organization/mission-newenergy) Boeing, Brazilian aeronautical significant Embraer and the Sao Paulo state Research [Support](https://www.zoominfo.com/c/mission-newenergy/346542889) Foundation moved to perform research and development into making use of biofuels to power jet airliners. It was reported that Brazilian airlines Azul, Gol, TAM and Trip would act as [strategic consultants](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) for the task.<br>
<br>The current airline [company](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) to start try out new fuels is the [Alaska Air](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) Group which has actually [conducted internal](https://www.businessnews.com.au/Company/Mission-NewEnergy) US [flights utilizing](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) a blend of 80 % petroleum based fuel and 20% biofuel made from [cooking oil](https://www.investing.com/equities/mission-newenergy-ltd-company-profile). This mix, it is declared, can cut harmful by 10%.<br>
<br>One truly [encouraging development](https://www.businessnews.com.au/Company/Mission-NewEnergy) has been the relocation away from biofuels which complete head on with food consumers therefore preventing a price spiral. Not so long ago, a rise in usage of biofuels in cars triggered a spike in maize costs as US farmers diverted too much corn to fuel processing.<br>
<br>Hopefully in the future, airlines and motorists will [focus biofuel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) consumption on non-food sources such as [jatropha](https://pitchbook.com/profiles/company/51278-86) and algae. It would be a blended blessing indeed if some people wound up starving just to please another person's green credentials.<br>