Jet fuel

July 27, 2014 - 9:30am

On the eve of EAA AirVenture 2014, aviation analyst Brian Foley released summaries of two key areas affecting the general aviation industry: investment capital and engine technology.

On the capital front, Foley said that there is no shortage of investors who are willing to put money into general aviation companies. However, there is a shortage of what these investors are seeking–entities that actually make money, that is, “a good $20 million in annual revenues and $5 million in profits known as Ebitda [earnings before interest, taxes, depreciation and amortization].

July 16, 2014 - 1:10am

GE Aviation’s Flight Efficiency Services division is using big data techniques to help airlines to improve their profit margins with a particular focus on reducing fuel burn. “Fuel accounts for 40 percent of airline costs with around $215 billion spent on this each year,” said general manager Giovanni Spitale. “GE thinks that if machines can talk to each other using the industrial internet [a term coined by GE] we can make better sense of that [fuel consumption].”

July 14, 2014 - 6:10am

Industrial bioscience company Amyris and energy giant Total have begun to market a so-called drop in jet fuel containing a 10-percent mix of renewable farnesane under a newly revised ASTM standard, the companies announced in June. Amyris and Total have worked closely on approval of the new fuel with Boeing, which, according to the airframer’s managing director of environmental strategy and integration, Julie Felgar, wants to see biofuel account for a 1-percent share of the total jet fuel supply within 10 years.

July 14, 2014 - 6:05am
In May, an A330-200 operated by KLM Royal Dutch Airlines made a 10-hour flight from Amsterdam to Aruba with tanks filled with a 20-percent blend of fuel made from used cooking oil.

Even as aircraft engine makers continue their very focused efforts to reduce fuel consumption and emissions, the use of biofuel alternatives to jet-A is an increasingly important facet of the campaign to make air transport more environmentally sustainable. Plans for making biofuels a more mainstream option for operators now account for around half of all the objectives set by the Advisory Council for Aviation Research and Innovation in Europe (Acare).

July 5, 2014 - 2:30am

Kubick Aviation has purchased its larger competitor, Superior Aviation, at Ford Airport in Northern Michigan, to become the sole aviation services provider on the field, which sees approximately 20 operations a day. Kubick moved from its 4,700-sq-ft facility (which was since sold to an aeromedical provider) to the former Superior location, which has a 3,000-sq-ft terminal and 22,000 sq ft of hangar space capable of sheltering aircraft up to the size of a Citation Sovereign.

June 24, 2014 - 9:12am

When Business Jet Traveler interviewed entrepreneur Mark Cuban back in 2010, he explained how he purchased a Gulfstream V online. First, he looked at info about the jet on the manufacturer’s website and sent an e-mail to set up a demo flight for his pilot, who reported back that he loved the airplane. Then, recalled Cuban, “I sent another e-mail saying I wanted to buy it. I got the banking instructions, wired the money, and that was it.”

June 19, 2014 - 2:50pm

Hong Kong-based EVO Jet Services, which supplies jet fuel and aviation support services worldwide to business jet operators, recently established a U.S. subsidiary, EVO Fuels, with an office in Houston. This location will better serve its executive aviation clients within the North American market, the company said. “EVO Fuels offers competitively priced jet fuel at more than 500 FBOs across the U.S., Canada and Mexico,” said EVO Fuels director of marketing Brenda Norwood. “Our U.S.

June 17, 2014 - 9:21am

Industrial bioscience company Amyris and energy giant Total have begun to market a so-called drop in jet fuel containing a 10-percent mix of renewable farnesane under a newly revised ASTM standard, the companies announced Monday. Amyris and Total have worked closely on approval of the new fuel with Boeing, which, according to the airframer’s managing director of environmental strategy and integration, Julie Felgar, wants to see biofuel account for a 1-percent share of the total jet fuel supply within 10 years.

May 27, 2014 - 3:20pm

Kings of the Air is completing the restoration of the first King Air, S/N LJ-1, for a flight around the world, the fledgling nonprofit group announced today–the 50th anniversary of the King Air’s FAA certification.

May 21, 2014 - 2:30pm

U.S. charter, sales and management company Prime Jet is the latest member of AirClub, a corporate jet alliance launched in October 2012 to bring together a number of like-minded business aviation companies. Sharing the principles of offering the highest quality services with the highest levels of safety, AirClub members also operate a pooled charter service to maximize utilization across their combined fleet, and they have introduced an innovative and easy-to-use booking system.

 
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