WASHINGTON, D.C. -- The Air Transport Association of America (ATA), the industry trade organization for the leading U.S. airlines, hails the announcement made jointly by the U.S. Departments of Energy (DOE) and Agriculture (USDA) to release up to
This announcement is the first step in implementing provisions found in the 2008 Farm Bill that provide grants for commercial-scale biofuel demonstration projects, including those that could ultimately produce clean, homegrown, renewable jet fuel. This program will work in conjunction with other provisions in the Farm Bill that were implemented earlier this year to provide loan guarantees for construction of commercial-scale alternative fuels production facilities.
"We are thrilled that the Obama administration has worked quickly to secure this funding for alternative energy," says ATA President and CEO James C. May. "This commitment to the research and development of advanced renewable fuels will allow for commercial-scale demonstration projects and other important activities that will move us closer to commercially viable, environmentally friendly alternative jet fuel. ATA and its member airlines look forward to working with the federal government to further promote the rapid development of these exciting new fuel sources."
ATA airline members and their affiliates transport more than 90 percent of all U.S. airline passenger and cargo traffic. For additional information about the industry, visit www.airlines.org.
This program will work to provide loan guarantees for construction of commercial-scale alternative fuels production facilities.
SEATTLE, July 13 /PRNewswire-FirstCall/ -- Boeing (NYSE: BA) and members of the Sustainable Aviation Fuel Users Group, an airline-led industry working group, today announced that several leading air...