Member access

4-Traders Homepage  >  Shares  >  Nyse  >  The Boeing Company    BA   US0970231058

THE BOEING COMPANY (BA)

209
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

Boeing, Airbus and Embraer team up for aviation biofuels

03/22/2012 | 06:30am US/Eastern
Recommend:
0

(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
Recommend :
0
React to this article
Latest news on THE BOEING COMPANY
5h ago Airbus, Boeing wide-body jet battle triggers warnings of oversupply
8h ago BOEING : Africa Needs 36,000 Pilots, Technicians To Meet Increasing Demand
9h ago BOEING : Delivers 25th C-17 Training Center to U.S. Air Force
10h ago AIRBUS : Senate Commerce, Science and Transportation Subcommittee on Aviation Op..
10h ago BOEING : Earnings Releases, Stock Repurchase, Joint Ventures, and Outlook Releas..
12h ago BOEING : MILITARY $411,748 Federal Contract Awarded to Boeing
12h ago BOEING : MILITARY $619,850 Federal Contract Awarded to Boeing
12h ago BOEING : MILITARY $17.86 Million Federal Contract Awarded to Boeing
12h ago BOEING : MILITARY $6.97 Million Federal Contract Awarded to Boeing
13h ago BOEING : Assigned Patent
Advertisement
Chart
Duration : Period :
The Boeing Company Technical Analysis Chart | BA | US0970231058 | 4-Traders
Income Statement Evolution
The Boeing Company : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF