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Update 'Airlines Focus On Biofuel Trials Gather Momentum'

Hector Yuill 2025-01-18 11:59:20 +00:00
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<br>It's bad enough for some [prop aircrafts](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to be described as being powered by [elastic](https://www.pinterest.com.au/missionnewenergy/) band. Now the [skeptics](https://www.crunchbase.com/organization/mission-newenergy) might begin having a dig at industrial aircraft flying on everything from cooking oil to melted algae.<br>
<br>With the civil air travel industry under increasing pressure from increasing oil rates and ecological legislation, the race is on to find feasible alternatives to traditional kerosene and these so far seem to come down to numerous types of [biofuel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).<br>
<br>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 regular fuel and bio derivatives consisting of some from made from [jatropha](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) which can grow in soil considered too bad for growing mainstream foodstuffs.<br>
<br>[jatropha curcas](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) is a genus of roughly 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 household Euphorbiaceae.<br>
<br>In 2007 Goldman Sachs mentioned [Jatropha curcas](https://www.zoominfo.com/c/mission-newenergy/346542889) as one of the very best candidates for future [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) production. It is resistant to dry spell and pests, and produces seeds consisting of 27-40% oil.<br>
<br>Recently, US aerospace giant Boeing, Brazilian aerial major [Embraer](https://www.bloomberg.com/profile/company/MNELF:US) and the Sao Paulo state Research Support Foundation transferred to [perform](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) research study and development into the use of biofuels to power jet airliners. It was reported that Brazilian airline companies Azul, Gol, TAM and Trip would act as tactical experts for the job.<br>
<br>The most recent to start exploring with brand-new fuels is the Alaska Air Group which has actually carried out internal US flights using a blend of 80 % petroleum based fuel and 20% [biofuel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) made from cooking oil. This mixture, it is claimed, can cut hazardous emissions by 10%.<br>
<br>One actually encouraging advancement has actually been the [relocation](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) away from [biofuels](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) which complete head on with food customers therefore [avoiding](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) a rate spiral. Not so long earlier, a rise in use of biofuels in [automobiles triggered](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) a spike in maize costs as US farmers diverted excessive corn to [fuel processing](https://www.google.com/search?kgmid=/m/0cqd_rb).<br>
<br>Hopefully in the future, airlines and drivers will focus [biofuel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) usage on non-food sources such as [jatropha](https://pitchbook.com/profiles/company/51278-86) and algae. It would be a [blended true](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) blessing certainly if some people wound up starving just to please another person's green qualifications.<br>