Boeing, Airbus and Embraer signed a memorandum of understanding to work together on the development of drop-in affordable aviation biofuels. The companies agreed to seek collaborative opportunities to speak in unity to the governments, biofuel producers and other key stakeholders to support, promote and accelerate the availability of sustainable new jet fuel sources.
Boeing Commercial Airplanes President and CEO Jim Albaugh, Airbus President and CEO Tom Enders and Embraer Commercial Aviation President Paulo Cesar Silva signed the agreement at the Air Transportation Action Group (ATAG) Aviation and Environment Summit in Geneva.
“We’ve achieved a lot in the last 10 years in reducing our industry’s CO2 footprint a 42 percent traffic growth with only three percent more fuel consumption,” said Enders. “The production and use of sustainable qualities of aviation biofuels is key to meeting our industry’s ambitious CO2 reduction targets, and we are helping to do this through our R+T, our expanding network of worldwide value chains and supporting the EU commission towards its target of four percent of biofuel for aviation for by 2020.”
“Innovation, technology and competition push our respective products to the highest levels of performance,” Albaugh noted. “Through our common vision of lessening aviation’s environmental impacts and our collective efforts to develop sustainable fuels, we can accelerate their availability and do the right thing for the planet we share.”
Silva added, “We are all committed to take a leading role in the development of technology programs that will facilitate aviation biofuels development and actual application faster than if we’re doing it independently. Few people know that Brazil’s well-known automotive biofuels program started within our aeronautical research community, back in the 70s, and we keep on making history.”
The collaboration agreement supports the industry’s multi-pronged approach to continuing to reduce the carbon footprint of the industry. Continuous innovation spurred by competitive market dynamics that push each manufacturer to continuously improve product performance and air traffic modernization, are other critical elements to achieving carbon-neutral growth beyond 2020 and halving industry emissions by 2020 based on 2005 levels.
“Having these three aviation leaders set aside their competitive differences and work together in support of biofuel development underscores the importance and focus the industry is placing on sustainable practices,” said ATAG Executive Director Paul Steele. “Through these types of broad industry collaboration agreements, aviation is doing all it can to drive measurable reductions in carbon emissions, while continuing to provide strong global economic and social value.”