Stay up to date with the latest news from the Aviation & Renewable Fuels Operation.

Airlines Look to Fats, Trash, Sugar to Power Engines

By Renewable Jet Fuels October 1, 2014
By GILLIAN RICH, INVESTOR'S BUSINESS DAILY Posted 09/17/2014 08:02 AM ET If you fly out of LAX on a United plane early next year, chances are you'll be on a flight using alternative fuel — an area of increasing innovation as airlines try to lower their carbon footprint and cost volatility. United Continental (NYSE:UAL) plans to become the first U.S. ...
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Southwest Airlines Announces Purchase Agreement With Red Rock Biofuels

By Renewable Jet Fuels October 1, 2014
Southwest Airlines® (NYSE: LUV) has signed an agreement with Red Rock Biofuels LLC (RRB) to purchase low carbon renewable jet fuel, made using forest residues that will help reduce the risk of destructive wildfires in the Western United States. The airline's agreement with RRB covers the purchase of approximately three million gallons per year. ...
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GOL to use farnesane biojet blend in US-to-Brazil flights

By Renewable Jet Fuels July 14, 2014
By Ron Kotrba | July 09, 2014 Biodiesel Magazine Brazil is making more headlines this week—and it’s not about the World Cup. Industrial bioscience company Amyris is partnering with Brazilian airline GOL to begin the first international commercial route with the recently approved biojet fuel, farnesane. According to Amyris, GOL has committed to fly its Boeing 737 fleet with up to a 10 percent blend of the renewable fuel on its U.S. to Brazil routes starting with initial flights later this month. ...
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Oil Price Volatility Hits European Airlines

By Renewable Jet Fuels June 25, 2014
The Financial Times European airline shares have fallen sharply as growing violence in Iraq marks the end of an unprecedented period of low volatility in oil prices. Brent crude hit a nine-month high of $115 a barrel on Thursday and has risen more than 5 per cent since militants entered the Iraqi towns of Mosul and Tikrit on June 10. Although jet fuel prices have not risen as much, airline shares have responded by falling sharply. ...
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Alaska Air Group Announces Aggressive 2020 Sustainability Goals

By Renewable Jet Fuels April 3, 2014
SEATTLE, April 2, 2014 /PRNewswire/ -- Alaska Airlines and Horizon Air announced aggressive 2020 sustainability goals today, pledging to decrease fuel consumption by 20 percent (gallons flying one passenger one mile), use a sustainable aviation biofuel at one or more airports and increase its recruitment of military veterans. These are among a series of goals and accomplishments highlighted in Alaska Air Group's newly released 2013 Sustainability Report, which summarizes the company's progress on environmental, social and economic goals. ...
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Global Air Transport Continues to Expand

By Renewable Jet Fuels March 6, 2014
BY MICHAEL RENNER | DECEMBER 17, 2013 In 2012, the number of people traveling on airplanes reached 2,957 million, which was 4.7 percent more than the previous year. Although this figure includes a substantial number of people who travel multiple times during the year, it is equivalent to 42 percent of the world’s population. The number of passengers is up 95-fold from 31 million in 1950, when flying was a luxury few could afford, and it is triple the 960 million passengers in 1986, when air travel was already quite common. ...
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Air Industry Mulls Jet Fuel Hedging Options

By Renewable Jet Fuels January 22, 2014
Jan 20 (Reuters) Taking out complex call options or even buying a refinery are some of the measures airlines should consider as they try to combat volatile oil prices, air finance industry experts said. Jet fuel can account for anywhere from between 20 and 50 percent of an airline's operating costs, and predicting oil prices is a headache. "No one knows where oil prices will be in six months, let alone 10 years away," James Dempsey, Ryanair group treasurer, told a conference hosted by Airline Economics on Monday. "Oil prices are one of the biggest risk factors in the business." ...
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