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Add Airlines Focus On Biofuel Trials Gather Momentum

Geraldine Marroquin 2025-01-18 11:55:15 +08:00
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<br>It's bad enough for some prop planes to be referred to as being powered by elastic band. Now the [skeptics](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) could start having a dig at commercial airplane flying on whatever from cooking oil to liquefied algae.<br>
<br>With the civil aviation market under increasing pressure from increasing oil prices and environmental legislation, the race is on to discover practical options to standard kerosene and these so far seem to come down to numerous kinds of [biofuel](https://stocktwits.com/symbol/MNEL).<br>
<br>Not remarkably, the first trials of alternative fuel were started by British air travel leader, Sir Richard Branson, whose Virgin Atlantic started London to [Amsterdam flights](https://forest500.org/rankings/companies/mission-newenergy-limited) with minimal [biofuel](https://stocktwits.com/symbol/MNEL) usage in 2008. This was quickly followed by Lufthansa and Air New Zealand who each used various blends of regular fuel and [bio derivatives](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) including some from made from [jatropha](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) which can grow in soil considered too poor for [growing mainstream](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) foods items.<br>
<br>[jatropha curcas](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) is a genus of roughly 175 plants, shrubs and trees (some are deciduous, like [Jatropha curcas](https://www.investing.com/equities/mission-newenergy-ltd-company-profile)), from the family Euphorbiaceae.<br>
<br>In 2007 Goldman Sachs pointed out [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 finest prospects 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 drought and bugs, and [produces seeds](https://www.bloomberg.com/profile/company/MNELF:US) containing 27-40% oil.<br>
<br>Recently, US aerospace giant Boeing, Brazilian aerial major Embraer and the Sao Paulo state Research Support Foundation [transferred](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) to carry out research and advancement into using biofuels to power jet airliners. It was reported that Brazilian airline companies Azul, Gol, TAM and Trip would serve as tactical consultants for the project.<br>
<br>The most current airline [company](https://www.zoominfo.com/c/mission-newenergy/346542889) to start explore brand-new fuels is the Alaska Air Group which has conducted internal US flights using a blend of 80 % petroleum based fuel and 20% [biofuel](https://stocktwits.com/symbol/MNEL) made from cooking oil. This mixture, it is claimed, can cut harmful [emissions](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) by 10%.<br>
<br>One actually [encouraging](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) development has been the move away from biofuels which complete head on with food consumers thus avoiding a price spiral. Not so long back, a surge in use of [biofuels](https://www.bloomberg.com/profile/company/MNELF:US) in cars caused a spike in maize rates as US farmers diverted too much corn to fuel processing.<br>
<br>Hopefully in the future, airline companies and vehicle [drivers](https://stocktwits.com/symbol/MNEL) will focus [biofuel](https://stocktwits.com/symbol/MNEL) consumption on non-food sources such as [jatropha curcas](https://forest500.org/rankings/companies/mission-newenergy-limited) and algae. It would be a mixed blessing undoubtedly if some people wound up starving just to please someone else's green credentials.<br>