American Airlines Hires Ocean Park to Assist with Renewable Jet Fuel Evaluation 

October 2, 2016 |

In Texas, American Airlines has retained Ocean Park to assist with evaluating alternative jet fuels and identifying the most promising companies and technologies.

American recognizes the need to make jet fuel – the most important component of its supply chain – more sustainable. The airline is encouraged by the pace of developments within the renewable jet fuel industry and is seeking opportunities to make binding commitments to reliably source fuel that meets specifications and is priced at or near market prices for traditional jet fuel. American’s engagement with

Ocean Park will engage with key entities in the advanced biofuels and renewable jet fuel sectors to assist American in further developing its renewable jet fuel strategy and identifying specific opportunities. A key focus of Ocean Park’s effort will be commercialization timelines for alternative pathways to the production of renewable jet fuel. Ocean Park’s efforts will help accelerate American’s desire to positively impact the overall renewable jet fuel industry’s growth and development.

“As the world’s largest airline and the largest global user of jet fuel, we are committed to sustainability and reducing our carbon footprint,” said Michael Baer, Managing Director of Fuel and Energy Management at American Airlines. “This is the right time to undertake a comprehensive review of the renewable jet fuel sector. We look forward to working with Ocean Park to leverage its industry relationships and understanding of this emerging industry.”

“We are pleased to assist American in this important initiative,” said Bruce Comer, Managing Director at Ocean Park. “For almost 30 years, Ocean Park’s principals have played a role in developing the biofuels industry. We look forward to contributing to the growth of the renewable jet fuel industry and helping to build a winning strategy for American.”

Print Friendly, PDF & Email


Category: Producer News

Thank you for visting the Digest.