Boeing Joins Aviation, Energy and Academic Leaders to Accelerate Development and Availability of Sustainable Biofuels

Boeing737-5NextGenAircraftSEATTLE, Sept. 24, 2008 — Boeing [NYSE: BA] has, with leading air carriers and Honeywell’s UOP, a refining technology developer, established a group to accelerate the development and commercialization of sustainable new aviation fuels. With support and advice from the world’s leading environmental organizations, the World Wildlife Fund (WWF) and Natural Resources Defense Council (NRDC), the Sustainable Aviation Fuel Users Group makes commercial aviation the first global transportation sector to voluntarily drive sustainability practices into its fuel supply chain.

The group’s charter is to enable the commercial use of renewable fuel sources that can reduce greenhouse gas emissions, while lessening commercial aviation’s exposure to oil price volatility and dependence on fossil fuels. Airlines supporting the sustainable fuels initiative include Air France, Air New Zealand, ANA (All Nippon Airways), Cargolux, Gulf Air, Japan Airlines, KLM, SAS and Virgin Atlantic Airways. Collectively, they account for approximately 15 percent of commercial jet fuel use.

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