Add Airlines Concentrate On Biofuel Trials Gather Momentum

Jannie Heberling 2025-01-11 15:44:02 +03:00
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<br>It's bad enough for some [propeller aircrafts](https://www.bloomberg.com/profile/company/MNELF:US) to be described as being powered by elastic band. Now the [skeptics](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) could start having a dig at [business aircraft](https://www.businessnews.com.au/Company/Mission-NewEnergy) flying on whatever from cooking oil to liquefied algae.<br>
<br>With the civil air travel market under increasing pressure from rising oil prices and ecological legislation, the race is on to discover feasible alternatives to traditional kerosene and these up until now seem to boil down to various kinds of [biofuel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).<br>
<br>Not remarkably, the first trials of alternative fuel were started by British aviation pioneer, Sir Richard Branson, whose [Virgin Atlantic](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) began London to Amsterdam flights with restricted [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) use in 2008. This was rapidly followed by Lufthansa and Air New Zealand who each utilized various blends of [routine fuel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) and bio derivatives including some from made from [jatropha](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) which can grow in soil considered too bad for growing mainstream .<br>
<br>[Jatropha](https://www.google.com/search?kgmid=/m/0cqd_rb) is a genus of roughly 175 succulent plants, shrubs and trees (some are deciduous, like [Jatropha](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [jatropha curcas](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048)), from the household Euphorbiaceae.<br>
<br>In 2007 Goldman Sachs cited [Jatropha curcas](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) as one of the best prospects for future [biodiesel](https://www.pinterest.com.au/missionnewenergy/) production. It is resistant to [drought](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) and insects, and produces seeds containing 27-40% oil.<br>
<br>Recently, US aerospace giant Boeing, Brazilian aerial significant Embraer and the [Sao Paulo](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) state Research Support Foundation moved to [perform](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) research study and development into the usage of biofuels to power jet airliners. It was reported that Brazilian airlines Azul, Gol, TAM and Trip would act as strategic experts for the task.<br>
<br>The most recent airline to begin explore new fuels is the [Alaska Air](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) Group which has actually carried out internal US flights using a blend of 80 % petroleum based fuel and 20% biofuel made from cooking oil. This mix, it is claimed, can cut damaging emissions by 10%.<br>
<br>One actually motivating development has actually been the relocation far from biofuels which contend head on with food consumers consequently avoiding a [cost spiral](https://pitchbook.com/profiles/company/51278-86). Not so long ago, a rise in usage of biofuels in vehicles triggered a spike in maize rates as US farmers diverted excessive corn to fuel processing.<br>
<br>Hopefully in the future, airline companies and motorists will focus biofuel usage on [non-food sources](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) such as [jatropha](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) and algae. It would be a blended true blessing undoubtedly if some individuals ended up starving just to [satisfy](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) someone else's green credentials.<br>