Delta Closes Refinery Deal | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 03.23.15

Airborne 03.24.15

Airborne 03.25.15

Airborne 03.26.15

Airborne 03.27.15

Airborne Hi-Def On YouTube

Airborne 03.23.15

Airborne 03.24.15

Airborne 03.25.15

Airborne 03.26.15

Airborne 03.27.15

Thu, Jun 28, 2012

Delta Closes Refinery Deal

Carrier Hopes To Cut Annual Fuel Bill By $300 Million

Delta Airlines last month announced that it had purchased an idle oil refinery in suburban Philadelphia so that it could begin to manufacture its own jet fuel. The airline announced last Friday that it has finalized the deal, and hopes to have the facility operational by fall.

An Associated Press report relayed by USA Today indicated that the plant had been closed by its previous owner. Delta subsidiary Monroe Energy plans to re-open the plant, and hire back as many of the 400 workers laid off from the refinery as it can.

The Delaware County (PA) Daily Times reports that there are other advantages as well. The refinery will also produce gasoline and Diesel fuels, which it will be able to trade for additional jet fuel. In all, the airline projects it can reduce its annual fuel bill by $300 million.

Delta says the refinery should provide about 80 percent of its overall fuel needs in the U.S. The company reportedly spent about $12 billion to acquire the facility.

FMI: www.delta.com

Advertisement

More News

Airborne 03.27.15: Cockpit Changes Announced, Maine v UAVs, NBAA v Santa Monica

Also: AirVenture Update, Barnstorming Opines On Media Aero-Reporting, NTSB Update, ERAU Scholarships, Doolittle Raiders, Tecnam P2010 The loss of Germanwings Flight 9525 due to wha>[...]

Aero-News: Quote Of The Day (03.29.15)

"Rover challenge puts students in the driver's seat of real-world engineering. Students perform research with computer-aided designs, select and fabricate components using mechanic>[...]

ANN's Daily Aero-Term (03.29.15): Comet

Comet A ball of rock and ice, often referred to as a “dirty snowball.” Typically a few kilometers in diameter, comets orbit the Sun in paths that either allow them to p>[...]

ANN's Daily Aero-Linx (03.29.15)

Aero Linx: New Jersey Aviation Association NJAA was formed in 2000 to promote, protect and preserve the state's multi billion dollar general aviation industry. Its membership inclu>[...]

NASA Core Flight System Software Available To The Public

NASA Goddard Releases Open Source Application Suite The Innovative Technology Partnerships Office at NASA's Goddard Space Flight Center in Greenbelt, Maryland, announced the releas>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC