GPS News  
BIO FUEL
Cathay Pacific to cut emissions with switch to biofuel
by Staff Writers
Hong Kong (AFP) Jan 31, 2017


Hong Kong flag carrier Cathay Pacific will switch to biofuels made from landfill rubbish on select long haul flights, reports said Tuesday, in an effort to cut harmful emissions.

Cathay flights to Hong Kong from the US, where the new fuel is produced, will use a combination of conventional jet fuel and biofuels starting in 2019, the South China Morning Post reported.

The airline hopes to cut emissions on those flights by 80 percent.

"Aviation biofuels will play a key role for Cathay and the aviation industry's quest for lower emissions," Cathay Pacific biofuel manager Jeff Ovens told the Post.

The carrier had invested in the US-based sustainable biofuel developer Fulcrum BioEnergy, which converts municipal solid waste into aviation fuel, in 2014.

"These fuels will have a lower carbon footprint than fossil fuels, and the pricing we have is competitive with traditional fuels, Ovens said.

Cathay and other airlines have also been facing volatile oil prices.

The company has suffered huge hedging losses in the first half of last year as the price of oil plunged from its peak.

Oil hedging is when an airline locks in price of fuel -- a huge chunk of most airlines' outlay costs -- at a pre-determined level for a certain amount of time.

In the first six months, Cathay recorded hedging losses at HK$4.49 billion ($578.8 million), and saw its net profit drop 82 percent from a year earlier to HK$353 million.

Cathay shares plunged in October after it said it did not expect business to improve in the second half of 2016, citing competition and overcapacity.

In 2015, China's Hainan Airlines flew from Shanghai to Beijing in the country's first commercial flight using biofuel made from cooking oil.

The Boeing 737 plane used a 50-50 mix of conventional jet fuel and biofuel made from waste cooking oil collected from restaurants in China.

Australia's Qantas and Air Canada have both tested biofuel on commercial flights.

at/mtp

CATHAY PACIFIC AIRWAYS

AIR CANADA

HAINAN AIRLINES - HNA GROUP

QANTAS AIRWAYS


Comment on this article using your Disqus, Facebook, Google or Twitter login.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
Bio Fuel Technology and Application News






Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
BIO FUEL
DuPont Industrial Biosciences to develop new high-efficiency biogas enzyme method
Leiden, The Netherlands (SPX) Jan 31, 2017
DuPont Industrial Biosciences has been awarded a grant from the European Commission to demonstrate high-efficiency enzyme production to increase biogas yields as part of the DEMETER project, funded from the Bio Based Industries Joint Undertaking under the European Union's Horizon 2020 Research and Innovation program. Enzyme technology has been proven to improve biogas yields and process robustne ... read more


BIO FUEL
Corn turning French hamsters into deranged cannibals: research

Crop achilles' heel costs farmers 10 percent of potential yield

Pigs and chocolate: Using math to solve problems in farming

Nanoparticle fertilizer could contribute to new 'green revolution'

BIO FUEL
Atomic-level sensors enable measurements of electric field within a chip

The world's first heat-driven transistor

Apple legal fight with Qualcomm spreads to China

Electron movement on helium may impact the future of quantum computing

BIO FUEL
Advanced robotic bat's flight characteristics simulates the real thing

State Dept. approves $525 million aerostat sale to Saudi Arabia

Kazakhstan orders Russian Mi-35M helicopters

Nigerian air force, Comp Air Aviation to develop light utility aircraft

BIO FUEL
Chinese, Mexican automakers team up to make SUVs

Daimler to supply self-driving cars for Uber

Dieselgate drags on for VW and Bosch with new payouts

German prosecutors say probing former VW CEO for fraud

BIO FUEL
One income for all: far-fetched, or future fact?

China factory activity stabilises in January

China trade cost 3.4 mn US jobs in 2001-2015: report

Tech firms unite to challenge Trump on immigration

BIO FUEL
High-tech maps of tropical forest diversity identify new conservation targets

Risk of tree species disappearing in central Africa 'a major concern,' say researchers

Forests 'held their breath' during global warming hiatus, research shows

Trees supplement income for rural farmers in Africa

BIO FUEL
NASA Airborne Mission Chases Air Pollution Through the Seasons

How satellite data changed chimpanzee conservation efforts

NOAA's GOES-16 Satellite Sends First Images to Earth

NASA measures 'dust on snow' to help manage Colorado River Basin water supplies

BIO FUEL
Scientists determine precise 3-D location 23,000 atoms in a nanoparticle

NIST updates 'sweet' 1950s separation method to clean nanoparticles from organisms

Nanocavity and atomically thin materials advance tech for chip-scale light sources

Ultra-precise chip-scale sensor detects unprecedentedly small changes at the nanoscale









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.