Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Boeing showcases eco-friendly tech as industry faces pressure

Published 09/27/2021, 07:52 PM
Updated 09/27/2021, 08:31 PM
© Reuters. FILE PHOTO: An Aeromexico Boeing 737 MAX 9 cockpit is pictured at the Benito Juarez International airport, in Mexico City, Mexico, July 14, 2021. REUTERS/Luis Cortes/File Photo

By Eric M. Johnson

SEATTLE (Reuters) - Boeing (NYSE:BA) Co showcased efforts to boost efficiency in its aircraft on Monday, a week after rival Airbus staged a similar conference, as global aviation faces growing political pressure to cut emissions and demands by environmental groups for curbs to air travel.

The U.S. planemaker is just one of many companies in the industry playing up its efforts to make its products more environmentally friendly, though there is debate over the speed at which new technology will be adopted.

Boeing's event at its flight test hangar in Seattle was anchored by an Alaska Airlines 737 MAX 9 flying demonstrator equipped with potential upgrades like a drag-reducing warning light and cabin sidewalls made from recycled carbon fiber.

"Many of our improvements come with a lot of small things at once," Boeing Vice President of Product Development Mike Sinnett told Boeing employees, industry and government officials and media gathered inside the building.

Aviation produces up to 3% of man-made CO2 emissions and 12% of CO2 from transport, the industry says. It has pledged to reduce net carbon emissions to 50% of 2005 levels by 2050.

Europe's Airbus last year announced plans to develop a hydrogen-powered airplane from 2035.

Boeing conversely has emphasized the expanded use of sustainable aviation fuels (SAF), which are made from feedstocks such as used cooking oil and animal fat, though it does not rule out generational technology leaps.

"Focusing on SAF is really important because there are thousands of airplanes already flying. The airplanes that will go into service for the next ten years have already been designed and those engines have been certified," Sinnett told reporters later.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

"To have any meaningful impact we are going to have to ... expand the use of sustainable fuels," he said, calling hydrogen and other technologies "a longer-term play."

Boeing has promised that its fleet would fly on 100% sustainable aviation fuels by 2030.

SAF at present accounts for only a miniscule amount of overall jet fuel use and jet engines are currently certified to run on up to 50% of the fuel.

Illustrating the scale of the challenge facing the industry, the world's two largest planemakers in 2020 delivered jets estimated to be responsible for total emissions equivalent to 600 million tonnes of CO2 over their lifetimes, a figure dampened by lower deliveries during the coronavirus pandemic.

Boeing's 737 MAX 9 ecoDemonstrator, the latest configuration in a decade-old test program, is set to fly to Glasgow ahead of a United Nations Climate Change Conference in November, a person familiar with the plan said.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.