In Australia, Virgin Australia and Air New Zealand have narrowed down the list of 30 companies who sent in proposals to team up with the airlines on commercial aviation biofuel production to a shortlist with whom they are working to develop feasibility studies for as many as five facilities for a total investment of around A$1 billion. The companies have promised to source 5% of their annual fuel consumption from the plants, about 200 million liters.
Category: Fuels