Boeing, Airbus and Embraer have signed a memorandum of understanding (MOU) to collaborate on the development and commercialization of drop-in, affordable aviation biofuels.
Under the MOU, the three airframe manufacturers will work together to urge government officials, biofuel producers and other key stakeholders to support, promote and accelerate the availability of sustainable 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 Transport Action Group (ATAG) Aviation and Environment Summit in Geneva.
‘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.
