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SUSTAINABLE FUEL TECH SECURES FURTHER COMMITMENT FROM BA
British Airways is extending its Joint Development Agreement with Velocys plc, the Oxford sustainable fuels company, on its Altalto project at Immingham in Lincolnshire.
BA is also extending its option to acquire 50 per cent of the Altalto plant by one year to March 31 next year.
Velocys is developing technology to turn household and commercial waste into clean-burning fuels to enable commercial scale production of sustainable synthetic fuels from waste materials, such as municipal, commercial and forestry residue.
Sustainable aviation fuel is the only commercially available alternative to fossil aviation fuels. The plant’s main product will be Synthetic Paraffinic Kerosene, approved for commercial aviation at up to 50 per cent in a blend with conventional jet fuel.