Boeing, Embraer Team Up on Aviation Biofuel Development

Tuesday, April 10, 2012 at 09:03 PM ET

Verified

** Boeing and Embraer announced the agreement
geared toward the production of biofuels and
other developments on Monday.**

Key Takeaways:

Boeing and Embraer have formed a partnership to collaborate on several areas, primarily focusing on sustainable aviation biofuels.
The cooperation also includes research and technology, and developing commercial aircraft features that enhance safety and efficiency.
This vaguely worded announcement coincides with a Brazil-U.S. aviation partnership pact and builds on previous efforts to explore jet fuel from sugarcane.

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Industry giants Boeing and Embraer are joining forces in an effort to develop ** sustainable biofuels** and achieve other goals, the two companies announced on Monday.

In a vaguely worded statement, the two companies agreed to “pursue several areas of cooperation, including commercial aircraft features that enhance safety and efficiency, research and technology and sustainable aviation biofuels.”