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NetJets invests in WasteFuel, commits to buy 100 million gallons of sustainable aviation in the next decade

COLUMBUS, OH, 04 Feb 2021 (GLOBE NEWSWIRE) - NetJets announces today that it has made a significant investment in WasteFuel, a next generation of waste for fuel business aimed at converting landfill waste into sustainable aviation fuel (SAF), making it the first private airline to buy a stake in the production of sustainable aviation fuel. NetJets will also buy at least 100 million liters of WasteFuel's SAF over the next ten years. NetJets and WasteFuel are in the early stages of developing a facility in Manila, Philippines, which is expected to be operational in 2025 in partnership with leading infrastructure…

Have you brought your PJs? The rise of the private jet set

The pink ball of the sun has long sunk below the horizon as we make our final approach to runway 18 at Chambéry Airport in southeastern France. On a moonless night, there are not many tracks to the location of all the dangers - the lake in front, formidable mountains beyond the runway and to both sides. But when I look through the head-up display in the direction of where the map says the airport is, I can see them all picked out in vibrant fluorescent green, including the runway itself, computer-rendered with faithful clarity exactly where it should be,…

Do you need to refinance your mortgage before retirement?

Interest rates are at record lows. How to tell if refinancing is the right choice for you when you are close to retirement. (iStock)As the coronavirus pandemic continues to test the U.S. economy, the Federal Reserve has done so reduced mortgage rates to record highs to encourage as many borrowers as possible to invest in the housing market. Depending on the details of your financial situation, this may be a good time for you to take your retirement plan a step further and keep that in mind. access these low interest rates by refinancing the mortgage (which may lead to…

The airport gets a new operator; many upgrades planned

The new fixed base operator at Indianapolis Regional Airport plans to invest in several capital improvements at the facility in Mt. Comfort. (File photo)By Susan Orr | Indianapolis Business JournalMT. COMFORT - Local airline Aero Management Group has acquired the lease to Indianapolis Regional Airport and is planning several capital improvements and the addition of charter services.Mt. Comfort is one of several general aviation airports owned by the Indianapolis Airport Authority, which also owns and operates Indianapolis International Airport.Aero, based in Greenfield, acquired the leasehold rights at the regional airport by acquiring another local company, Indy Jet.Indy Jet had the…

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