A provision inserted into a 2005 highway bill that has given business and general aviation fuel purveyors a collective headache ever since it was enacted might be repealed in the next highway reauthorization bill. Thirty-two members of the House of Representatives signed a letter to Rep. Dave Camp (R-Mich.), chairman of the House Ways and Means Committee, asking that the provision be deleted from new highway legislation now under consideration.
Global energy, petrochemicals and metals information provider Platts launched a jet fuel microsite yesterday aimed at the energy information needs of the aviation industry. “We’re pleased to introduce a one-stop source of global jet fuel news and price data that we believe will further enhance transparency in and broader understanding of the aviation fuel markets,” said Platts global editorial director of oil Dave Ernsberger.
Air Fuel Synthesis (AFS), a UK- based company founded by a small group of scientists and engineers, is reaching out to the aviation industry in the hopes of marketing a carbon-neutral jet fuel made from carbon dioxide and hydrogen.
With Europe set to begin cap-and-trade of aviation emissions in 2012, and Congress working on legislation that would cap the greenhouse gases that have been linked to global warming, Conklin & de Decker cofounder and president Bill de Decker is sounding the alarm for just how seriously the plans could affect business aviation.
As oil soared to nearly $147 a barrel this summer, U.S. airlines began tacking fuel surcharges onto the prices of their tickets. The commercial carriers also began charging for previously free items, such as a second (and in some cases, a first) checked bag, blankets and drinks.
Aviation has an image problem in this age of climate change as a major contributor of CO2, even if the reality is that as a CO2 producer the segment is responsible for just 3 percent of greenhouse gases (GHGs) globally.
International Air Transport Association (IATA) director general and CEO Giovanni Bisignani has challenged Japan to make the privatization of its airports an example of global best practice. He also wants the country to champion efforts toward a zero carbon emission industry at the upcoming G8 Summit.
The International Civil Aviation Organization (ICAO) has ruled out introducing taxes on jet fuel for commercial operators for at least three years. In a hard-fought deal struck at the close of the organization’s assembly on October 8, ICAO delegates agreed that no fuel taxes or charges can take effect before its next triennial assembly in the fall of 2007.
The Senate last week passed the Surface Transportation Reauthorization Act (the “Highway Bill”), which authorizes surface transportation spending through fiscal year 2009. The legislation includes two provisions that could affect business aviation if signed into law, according to NBAA.
One way to improve the airline industry’s perceived environmental impact is for carriers to shout louder. Ironically, the International Air Transport Association (IATA) calls for operators to make more noise comes as airlines claim to have reduced sound levels by 75 percent in the past 40 years.