Survival hinges on biofuels, say airline execs

BusinessTimes.com
Published: 2009/06/10

THE development of biofuels in the airline industry is not only set to be a reality but also crucial to the survival of the airline industry, say airline executives.

"The key thing that has changed now is that in the last six to nine months we have seen a lot of interest from new players, such as Honeywell and other emerging companies, to develop the fuel," International Air Transport Association (IATA) director of aviation environment Paul Steele told reporters at a briefing yesterday in Kuala Lumpur.

Read the full story