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 06.27.16

Airborne 06.28.16

Airborne 06.22.16

Airborne 06.23.16

Airborne 06.24.16

Airborne Hi-Def On YouTube

Airborne 06.27.16

Airborne 06.28.16

Airborne 06.22.16

Airborne 06.23.16

Airborne 06.24.16

AEA2016 LIVE Aero-TV: 04/27-0830ET, 04/28-1400ET, 04/29-1100ET

Sun 'n Fun 2016 Innovation Preview on Vimeo!

Sun 'n Fun 2016 Innovation Preview on YouTube!

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 06.24.16: ADS-B Analysis, NavWorx Price Drop, ALPA v Transport Canada

Also: Porker Of The Month, Aviation BBB?, Super Puma, AirVenture Events, FedEx 767s, Solar Impulse, Sikorsky Flight Safety Foundation has released the study "Benefits Analysis of S>[...]

Commercial Drone Use For Real Estate Set To Grow With Release Of FAA Rule

Realtors Enthusiastic About Use Of Aircraft For Marketing Commercial drone use in the real estate business got a boost Tuesday with the release of the FAA's final rule governing sm>[...]

Barnstorming: Innovation, Disruption and Changing the Game

Getting A Running Start On Recreating the Aviation Industry One of the most active discussion topics I’ve engaged in, of late, is just what individual game-changing steps or >[...]

Aero-News: Quote Of The Day (06.27.16)

"We have to learn to come together, to support each other, to make each other flyer’s problems our own and to realize that we, as a community, are an extraordinary group of h>[...]

Klyde Morris (06.27.16)

Klyde Appreciates The Blue Origin Approach FMI: www.klydemorris.com>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC