Aircraft makers Boeing, Airbus and Embraer will collaborate on the development of affordable aviation biofuel that reduces carbon emissions.
The aircraft makers will seek collaborative opportunities to speak collectively to government, biofuel producers and other stakeholders to support, promote and speed up the availability of biofuel.
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Boeing Commercial Airplanes president and CEO, Jim Albaugh, said that the two of the biggest threats to the aircraft industry are the price of oil and the impact of commercial air travel on the environment.
"By working with Airbus and Embraer on sustainable biofuels, we can accelerate their availability and reduce our industry’s impacts on the planet we share," Albaugh added.
The collaboration is focused on supporting the industry’s initiative decrease the carbon emissions to half by 2050 compared to 2005 level.
Airbus president and CEO, Tom Enders, said: "We’ve achieved a lot in the last ten years in reducing our industry’s CO2 footprint – a 45% traffic growth with only 3% more fuel consumption."
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By GlobalDataThe industry bodies expects to reach CO2 reduction targets through research and technology in support of EU’s target of using 4% biofuel in the aviation sector by 2020.
Already the new EU law has come into effect from 1 January this year, which makes it obligatory for airlines flying in the region to buy carbon permits to reduce their emissions.
Embraer Commercial Aviation president, Paulo Cesar Silva, said: "We are all committed to take a leading role in the development of technology programs that will facilitate aviation biofuels development and actual application faster than if we were doing it independently."
Boeing and Embraer have joined hands to develop a sustainable aviation biofuels industry in Brazil and finding new technologies to improve biofuel sourcing and accessibility.
Boeing and Airbus have collaborated to set up regional supply chains, while the three aircraft makers have supported biofuel flights following the approval granted by global fuel standards bodies last year.
