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Fallon Hitchcock 2025-01-12 09:29:13 +08:00
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<br>By [Allison](https://pitchbook.com/profiles/company/51278-86) Lampert<br>
<br>LAS VEGAS, Oct 22 (Reuters) - At the world's biggest market show in Las Vegas luxury jets are tempting buyers with their sleek silhouettes, plush cabins - and progressively, their usage of alternative fuels.<br>
<br>Fuel manufacturers and jetmakers are keen to novel types of [air travel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) fuel considered less harmful to the climate, from used cooking oil to the noticeably less glamorous meat waste.<br>
<br>Business jet operators, like airlines, have bowed to ecological pressure on air travel and devoted to halving carbon emissions by 2050 compared with 2005.<br>
<br>Their hope is that embracing eco-friendly fuel to suppress emissions might make company jets more attractive to environmentally conscious buyers - particularly [corporations facing](https://www.bloomberg.com/profile/company/MNELF:US) concerns over [sustainability](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) from shareholders or green campaign groups.<br>
<br>The accessibility of less polluting personal jets might also spare the rich and famous the unfavorable promotion [experienced](https://www.zoominfo.com/c/mission-newenergy/346542889) by Britain's Prince Harry and his wife Meghan over a recent private jet trip to southern France.<br>
<br>Five Gulfstream jets on display in Las Vegas are utilizing California-produced fuel from inedible beef tallow.<br>
<br>The most recent waste-based fuels [consist](https://www.zoominfo.com/c/mission-newenergy/346542889) of "fats, grease and oils that are by-products of the food industry," said Bryan Sherbacow, primary commercial [officer](https://www.zoominfo.com/c/mission-newenergy/346542889) of Boston-based [biofuel](https://stocktwits.com/symbol/MNEL) manufacturer World Energy, which produces fuel from meat waste utilized by Gulfstream.<br>
<br>"All of our product is inedible."<br>
<br>Some of the other 79 [airplane](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) on display screen are expected to be powered by 150,000 gallons of other renewable fuel mixes expected to be pumped at the show.<br>
<br>FLIGHT SHAMING<br>
<br>Private jets account for less than 0.1% of total annual carbon emissions globally, however can discharge, typically, up to 20 times more carbon emissions per traveler mile than jetliners, according to the London-based private [charter firm](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) Victor.<br>
<br>Prince Harry has actually [protected](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) his periodic use of private jets to guarantee his family's safety, and has said that on the rare occasions he does not fly commercially he [offsets](https://www.google.com/search?kgmid=/m/0cqd_rb) his emissions.<br>
<br>But planemakers state incidents such as the furore over his schedule have actually included fresh obstacles for an industry already making every effort to validate its contribution to cutting business costs.<br>
<br>"Incidents of flight shaming including using private jets are regrettable when you consider that our industry has provided fuel performance improvements of 40% over the past 40 years," stated Bombardier Aviation President David Coleal.<br>
<br>Bombardier believes increased sustainable fuel usage will help the market make inroads with corporations and [wealthy purchasers](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4). According to market data, billionaires only have a 19% company jet ownership rate.<br>
<br>But even an image makeover - with jets sporting stickers like "this airplane flies on eco-friendly fuels" and organisers including alternative fuel pumps for visiting planes - is not likely to satisfy all critics at the Oct 22-24 high-end jet occasion.<br>
<br>Environmentalists and some experts stay skeptical that biojetfuels, usually blended 50-50 with kerosene, will make a considerable impact on public understandings about luxury travel.<br>
<br>"No quantity of [Jatropha](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) or Brazil-nut fuel can make service jets look eco-friendly," said air travel analyst Richard Aboulafia.<br>
<br>Demand from business jet operators for eco-friendly fuels now far goes beyond supply and their interest might drive future production, Sherbacow stated.<br>
<br>World Energy, which produces 40 million gallons of [biofuel](https://www.zoominfo.com/c/mission-newenergy/346542889) at its California plant, might broaden production as much as 150 million gallons by 2022.<br>
<br>[Corporate charter](https://forest500.org/rankings/companies/mission-newenergy-limited) business and [experts](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) are also seeing more interest from [consumers](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) who wish to purchase carbon credits to balance out emissions from their flights.<br>
<br>Brian Proctor, CEO of Mente Group, a U.S. consultancy, [stated emissions](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) played a role in a business jet utilization research study his company recently finished for a [Fortune](https://www.bloomberg.com/profile/company/MNELF:US) 500 business.<br>
<br>"At the end of the day, I think that rate, cost per hour, range, speed and performance, that's still the (sales) driver. But I think people are ending up being more mindful of the sustainability of operations and how it affects the planet." (Reporting By Allison Lampert, Editing by Tim Hepher and [Alexandra](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) Hudson)<br>