Friday, May 1, 2009

FedEx Aims for 30 Percent Biofuels by 2030

FedEx, a cargo airline based in Memphis, Tennessee, USA, wants a third of its jet fuel to come from biofuels by 2030, the company’s chief executive said in a speech delivered during a U.S. Chamber of Commerce Aviation Summit.The target aims to take advantage of second-generation, non-food-based biofuels, such as jatropha, algae, switchgrass and camelina.Its goal is 30 percent alternative fuel use for aviation by 2030.There have been four successful biofuel demonstration flights during the last year using blends of petroleum and jatropha, algae and camelina.

Some Interesting facts of this article are:

  • FedExhas set a goal of reducing greenhouse gas emissions from its worldwide air operations by 20 percent by 2020, per available ton mile. Since 2005, it has reduced aircraft emissions by 3.7 percent by pound per available ton mile.
  • The company is trading in the MD-11s it uses on long-range international routes for new 777Fs, as well as old 727s for new 757s, which are 47 percent more fuel-efficient.
  • FedEx and rival United Parcel Service are already saving money and fuel using continuous descents in Memphis and Louisville, while flights in Atlanta were able to shave 2.5 minutes from each flight, generating savings of about $105 million since 2006.
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