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United Airlines ventures into biofuel investments

Investment marks first US airline to invest in biofuel

Ashley MowreaderbyAshley Mowreader
January 10, 2023
in Carriers, Fuel & Sustainability, Technology
Reading Time: 2 mins read
0
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United Airlines’ venture capital arm, United Airline Ventures, will invest up to $37.5 million into Houston-based energy group NEXT Renewable Fuels for its flagship biofuel refinery and sustainable aviation fuel development. The airline’s venture is just one of several initiatives as it moves away from the industry’s traditional offset strategy. “We believe, fundamentally, that we […]

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