Thu, Jun 28, 2012
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.
Also: Aerosim Scholarship, Santa Monica Nonsense, Marine One, UAV Developer Kit, FAA Penalty, F-35 Weapons Test, Coastal Helicopters The Cessna Citation Longitude moves closer to i>[...]
Aerobatics Legend, Mikhail Mamistov, Takes Record Fifth FAI European Aerobatic Championship The World Air Sports Federation (FAI) European Aerobatic Championship (EAC) competition >[...]
"We, as an industry, can do better... and while its not an infraction on the scale of those we've documented recently with Icon and other bad actors, it apparently created enough d>[...]
Recent E-Mailing Suggests One Product... But Is Actually Something Else Altogether ANN has made much of the fact that we, as a community, need to be able to depend on one another a>[...]
Accidents in Oregon and China Take Pilot's Lives It's been a lousy weekend to be an aviation journalist as we document the tragic loss of two well-known pilots in two separate airs>[...]