Tag Archives | jet fuel

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Keep Oil for Petrochemicals – Porritt

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 […]

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Fuel hedging a disaster for Air France-KLM

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 […]

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KLM to add algae to jet fuel

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.

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