ATA And Industry Aviation Coalition Support Extension Of Biodiesel Tax Incentive | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.22.24

Airborne-Unlimited-04.16.24

Airborne-FlightTraining-04.17.24 Airborne-AffordableFlyers-04.18.24

Airborne-Unlimited-04.19.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

Tue, Apr 16, 2019

ATA And Industry Aviation Coalition Support Extension Of Biodiesel Tax Incentive

Sustainable Alternative Jet Fuel Production Supports Job Growth And Economic Opportunity, As Well As Environmental And Technological Advancements

The National Air Transportation Association (NATA) recently led a coalition of top aviation organizations in crafting a letter to Senate Finance Committee Chairman Charles Grassley (R-IA) and Ranking Member Ron Wyden (D-OR) in support of an extension of the biodiesel tax incentive under Section 40A included in the Tax Extender and Disaster Relief Act (S.617). The letters were jointly issued by the Air Line Pilots Association, Airlines for America, the Cargo Airline Association, the General Aviation Manufacturers Association, the National Air Transportation Association, the National Business Aviation Association, and the Regional Airline Association. A companion letter was sent to House Ways and Means Committee Chairman Richard Neal and Ranking Member Kevin Brady.

Sustainable alternative jet fuels (SAJF) are eligible for the now-expired biodiesel credit, and the industry has leveraged the credit to make important advancements in fuel efficiency. The letter states that “an extension of this credit will provide the industry with the stability necessary to continue investing in technology that will generate economic and environmental benefits with globally significant impacts.”

Included in those positive advancements, the coalition notes examples of commercial and business aviation companies already implementing SAJF. Because it is a “drop-in” fuel, it can be delivered to the common storage and fuel distribution systems at an airport and blended seamlessly with petroleum-based jet fuel to power all turbine aircraft. The extension of the tax incentive would further this advancement and growth.

“NATA is proud to be a driver of initiatives that encourage economies of scale for sustainable alternative jet fuels and provide the industry stability to continue investing in technological advancements that produce global environmental benefits,” stated NATA President Gary Dempsey.

“Business aviation’s use of SAJF is continuing to grow as we strive to achieve our shared goals of continued improvements upon the industry’s already strong fuel efficiency record and, ultimately, carbon neutrality from 2020 forward. A growing industry coalition is demonstrating its long-standing commitment to emissions reduction through a series of initiatives, including the 2018 release of the ‘Business Aviation Guide to the Use of Sustainable Alternative Jet Fuel (SAJF)’ and a recent event establishing Van Nuys Airport as the first general aviation airport in the U.S. to offer SAJF on a trial basis,” added Dempsey.

“We are committed to doing our part, including through our public-private Commercial Aviation Alternative Fuels Initiative (CAAFI), a forum that brings together government, manufacturers, fuel suppliers, and other aviation stakeholders to promote research, production, and use of alternative aviation fuels. But the biodiesel tax incentive remains critical to our efforts,” the letter concludes.

(Source: NATA news release)

FMI: www.nata.aero

Advertisement

More News

Airborne 04.16.24: RV Update, Affordable Flying Expo, Diamond Lil

Also: B-29 Superfortress Reunion, FAA Wants Controllers, Spirit Airlines Pulls Back, Gogo Galileo Van's Aircraft posted a short video recapping the goings-on around their reorganiz>[...]

ANN's Daily Aero-Term (04.20.24): Light Gun

Light Gun A handheld directional light signaling device which emits a brilliant narrow beam of white, green, or red light as selected by the tower controller. The color and type of>[...]

Aero-News: Quote of the Day (04.20.24)

"The journey to this achievement started nearly a decade ago when a freshly commissioned Gentry, driven by a fascination with new technologies and a desire to contribute significan>[...]

Aero-News: Quote of the Day (04.21.24)

"Our driven and innovative team of military and civilian Airmen delivers combat power daily, ensuring our nation is ready today and tomorrow." Source: General Duke Richardson, AFMC>[...]

ANN's Daily Aero-Term (04.21.24): Aircraft Conflict

Aircraft Conflict Predicted conflict, within EDST of two aircraft, or between aircraft and airspace. A Red alert is used for conflicts when the predicted minimum separation is 5 na>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC