The volcanic ash aviation crisis shows that there are only two ways we should be using oil – in petrochemicals and in jet fuel, said Jonathon Porritt, UK veteran green campaigner in a debate on BBC’s PM programme, I heard on my car radio as I drove home this evening. Porritt, founder and director […]
Tag Archives | jet fuel
The airline Air France-KLM blamed fuel hedging for its heavy third-quarter losses, and announced that it would be scrapping the disastrous strategy in 2009. While crude oil prices fell from the $140s/barrel to $47/barrel, the airline’s fuel hedging policy had cost it €288 million in the third quarter of 2008, according to this article in […]
Frequent flyers in Europe’s petrochemical heartland of the Benelux will be interested to read that the Dutch airline KLM has announced an agreement with Algae-Link to procure algae oil to be blended with its conventional jet fuel. Testing will begin in autumn 2008, with a view to fuelling 50 planes with algae-based kerosene by 2010.