Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Shares  >  Nyse  >  Boeing Co    BA   US0970231058

BOEING CO (BA)

295
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Boeing, Airbus and Embraer team up for aviation biofuels

03/22/2012 | 06:30am US/Eastern

(Reuters) - Boeing Co (>> The Boeing Company), Airbus (>> EADS) and Embraer (>> Embraer SA) have come together to work with governments and biofuel producers to promote and speed up the availability of jet fuels that reduce carbon emissions.

(Reuters) - Boeing Co (>> The Boeing Company), Airbus (>> EADS) and Embraer (>> Embraer SA) have come together to work with governments and biofuel producers to promote and speed up the availability of jet fuels that reduce carbon emissions.

The three aircraft makers signed a memorandum of understanding at the Air Transport Action Group (ATAG) Aviation and Environment Summit in Geneva, Boeing said in a statement.

"Two of the biggest threats to our industry are the price of oil and the impact of commercial air travel on our environment," Boeing CEO Jim Albaugh said.

A new EU law that took effect from January 1 makes it obligatory for airlines flying in and out of the region to buy carbon permits to offset their emissions.

However, a trade war is brewing with the United States, China and India -- the top three carbon emitters -- questioning the EU's legal jurisdiction to charge for an entire flight.

(Reporting by Megha Mandavia in Bangalore; Editing by Sriraj Kalluvila)

Stocks treated in this article : The Boeing Company, EADS, Embraer SA
React to this article
Latest news on BOEING CO
07:05a BOEING : Airworthiness Directives; The Boeing Company Airplanes
07/05 BOEING : Drones, commercial aircraft on collision course
07/03 BOEING : Embraer to Join Forces for ecoDemonstrator Technology Tests
07/03 BOEING : Presolicitation Notice - 16-- Repair of Radio Set
07/03 BOEING : Lufthansa announces increased capacity to Cape Town
07/02 Airbus to help China enter plane seat market amid Western delays
07/02 BOEING : BRIEF: Ferguson-Florissant to host Boeing Science Zone
07/02 BOEING : Federal Contracts Awarded by Federal Agencies in Maryland (July 2)
07/02 BOEING : Federal Contracts Awarded to Companies in Washington (July 2)
07/02 BOEING : Emirates daily Dubai-Entebbe route starts in October
Advertisement
Chart
Duration : Period :
Boeing Co Technical Analysis Chart | BA | US0970231058 | 4-Traders
Income Statement Evolution
More Financials