International Air Transport Association Blasts Governments and Oil Companies for Neglect of Biofuels
by Naill O’Keefe (FlightGlobal)
The International Air Transport Association has criticised the oil industry and national governments for failing to invest in the development of aviation biofuel.
Explaining why he is “disappointed” with the lack of government action, IATA director general Giovanni Bisignani cites the “billions of dollars of bailout” received by the ailing car industry. He complains: “We have not seen one penny from governments investing in biofuels.”
…Both IATA and Airbus are calling for government authorities to support the aviation industry’s efforts to gain priority access to biofuel, arguing that the industry does not have other energy options because, unlike the automotive industry, it cannot use electricity, while hydrogen would not be economically viable even if it were technically achievable. READ MORE
