Boeing, Airbus, Embraer sign on biofuels

Aircraft manufacturers sign MoU on “opportunities to speak in unity”

The world’s three major aircraft manufacturers have signed a memorandum of understanding to “work together on the development of drop-in, affordable aviation biofuels.” Boeing, Airbus and Embraer announced in a statement that they have “agreed to seek collaborative opportunities to speak in unity to government, biofuel producers and other key stakeholders to support, promote and accelerate the availability of sustainable new jet fuel sources.”
Airbus President and CEO Tom Enders, Boeing Commercial Airplanes President and CEO Jim Albaugh and Embraer Commercial Aviation President Paulo Cesar Silva signed the agreement at an Air Transport Action Group meeting in Geneva. As Albaugh put it, “There are times to compete and there are times to cooperate. Two of the biggest threats to our industry are the price of oil and the impact of commercial air travel on our environment.”
[pictured: The Rolls-Royce Trent 500 powers the Airbus A340-500/600; copyright © Rolls-Royce plc 2010]