Boeing, Airbus and Embraer sign collaborative agreement

Boeing, Airbus and Embraer have agreed to work together on the development of drop-in, affordable aviation biofuels. The agreement was signed by all respective CEOs and Presidents, at the Air Transport Action Group (ATAG) Aviation and Environment Summit in Geneva. It will see the airframe manufactures speak in unity to government, biofuel producers and other key stakeholders to support, promote and accelerate the availability of sustainable new jet fuel sources.

'The production and use of sustainable quantities of aviation biofuels is key to meeting our industry's ambitious CO2 reduction targets and we are helping to do this through Research and Technology our expanding network of worldwide value chains and supporting the EU commission towards its target of 4% of biofuel for aviation by 2020,' says Tom Enders, Airbus President and CEO

The collaboration agreement supports the industry's aim to continuously reduce the industry's carbon emissions. 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 2050 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,' says ATAG Executive Director Paul Steele.