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1. U.S. gives $136 million for advanced biofuels research
U.S. university researchers will get $136 million to develop advanced biofuels, including to develop jet fuel, by using tall grasses, woody plants and energy cane, the U.S. government said on Wednesday.
Nearly two-thirds of the money will go toward aviation biofuels projects in the Pacific Northwest, including efforts to develop a regional source of bio-jet fuel for Seattle-Tacoma International Airport.
Agriculture Secretary Tom Vilsack, who announced the awards in Seattle, said the project will help promote growth in rural America.
Five universities won funds from the National Institute for Food and Agriculture. The projects would:
-- focus on using woody crops to produce bio-gasoline and renewable aviation fuel, including construction of biorefineries, as well as developing a trained workforce. The University of Washington received $40 million for the project.
-- convert idle sawmills into bioenergy development centers and develop new feedstocks and techniques for sustainable forest production to create a regional source of renewable aviation fuel. Washington State University received $40 million for the project.
-- develop a regional biomass production system for advanced motor fuels using native perennial grasses, such as switchgrass, big bluestem and Indian grass. Iowa State University received $25 million for the work.
Its researchers also will study planting of legumes with the grasses as a way to add nutrients to marginal land and evaluate a co-product, bio-char, as a soil amendment to increase carbon sequestration.
-- seek economically viable conversion of biomass in existing refineries using energy cane -- a relative of sugarcane that's lower in sugar and higher in fiber -- and sorghum as a boost to sugar and chemical industries. Louisiana State University received $17.2 million for the project.
-- use switchgrass and woody biomass to produce low-cost sugars for conversion to butanol as well as use forest and mill residues and dedicated energy crops to produce biodiesel fuel, heat and power. The University of Tennessee received $15 million for the research.
Last month, the government announced a $150 million project to produce advanced drop-in aviation and marine biofuels for the military and for commercial transport.
2. Porter Airlines brings the slopes closer with non-stop New York-Mont Tremblant flights
Porter Airlines is launching a new route from New York to Mont Tremblant, Quebec, this winter, just in time for ski season. From Dec. 22 to April 12, passengers can enjoy weekly roundtrip flights from Newark International Airport to the base of Mont Tremblant, eastern North America's premier ski destination.
With a state-of-the-art snow making system, world class ski hills, a lively pedestrian village with a wide array of boutiques, restaurants and plenty of nightlife options, Mont Tremblant has long been a favorite destination for outdoor enthusiasts.
"Canada is world-famous for our award-winning outdoor attractions," said Robert Deluce, president and CEO of Porter Airlines. "Introducing non-stop flights to Mont Tremblant provides passengers in Greater New York with even easier access to some of the best skiing we have to offer."
Highlights from the new schedule include weekly departures on Thursday mornings, return flights on Monday mornings from Dec. 26 to Jan. 2, and return flights on Sunday mornings from Jan. 8 to April 12.
Passengers can also connect through Toronto for even greater travel flexibility with 11 weekly departure times and 10 return options.
"The non-stop flight from New York with Porter is a great opportunity for our guests to enjoy a drastic change of scenery in only 90 minutes or so," said Alain Houde, Directeur Général of Tourisme Mont-Tremblant. "They can maximize their leisure time and hit the slopes in record time!"
Porter offers the only non-stop service between Newark and Mont Tremblant.
Porter is partnering with travel specialist Ultimate Ski Vacations to provide air-inclusive packages, including lift tickets and accommodations, with a "best price guarantee". Skiing and snowboarding packages can be customized by visiting www.ultimateski.ca or calling 1-800-465-3034.
About Porter Airlines
Porter Airlines is Canada's third-largest scheduled carrier, based at Billy Bishop Toronto City Airport. Porter is an Official 4 Star Airline® in the World Airline Star Rating® by Skytrax, committed to offering speed, convenience and service as part of a premium travel experience. A refined journey begins on the ground with comfortable airport lounges and service-oriented team members. The experience continues seamlessly in the air with spacious interiors and well-appointed crew. Passengers enjoy complimentary services, including free in-flight wine, beer and premium snacks, all aboard modern aircraft.
The airline offers flights to Toronto, Ottawa, Montreal, Quebec City, Moncton, Halifax, St. John's, Thunder Bay, Sault Ste. Marie, Sudbury, Windsor, New York (Newark), Chicago (Midway), Boston (Logan), and has seasonal flights to Mt. Tremblant, Que. and Myrtle Beach, S.C.
Join VIPorter frequent flyer program to earn a free flight after as few as five one-way trips. Visit www.flyporter.com or call (888) 619-8622 for more information.
3. Real estate shares dive in Abu Dhabi
The ADX General Index headed 0.66% lower on Monday, closing at 2,519.02 points. Aldar Properties plunged 2.56% to Dhs1.14, while RAK Properties and Sorouh Real Estate lost 2.85% and 1.85%, respectively. Abu Dhabi Ship Building gained the most (up 7.22% at Dhs2.08). In its recently published Emerging Markets Outlook, Citibank's analyst David Lubin writes: "The deteriorating global outlook spells risks for the UAE on three fronts, and we now consider risks to our economic forecasts to be on the downside. First, the fall in recent months in global oil prices will squeeze revenues at the Abu Dhabi level, and we have already seen that emirate begin to pull back from some previously anticipated investments, particularly in the non-oil sector. Second, slower growth in global demand may impact Dubai's ongoing recovery, dependent as it is on global trade, tourism and transportation. Finally, the retrenchment in global risk appetite will expose entities in the UAE to heightened refinancing risks if financial conditions remain tight in the medium term."
Neha Jain
Aviation NEWS Reporter
1. U.S. gives $136 million for advanced biofuels research
U.S. university researchers will get $136 million to develop advanced biofuels, including to develop jet fuel, by using tall grasses, woody plants and energy cane, the U.S. government said on Wednesday.
Nearly two-thirds of the money will go toward aviation biofuels projects in the Pacific Northwest, including efforts to develop a regional source of bio-jet fuel for Seattle-Tacoma International Airport.
Agriculture Secretary Tom Vilsack, who announced the awards in Seattle, said the project will help promote growth in rural America.
Five universities won funds from the National Institute for Food and Agriculture. The projects would:
-- focus on using woody crops to produce bio-gasoline and renewable aviation fuel, including construction of biorefineries, as well as developing a trained workforce. The University of Washington received $40 million for the project.
-- convert idle sawmills into bioenergy development centers and develop new feedstocks and techniques for sustainable forest production to create a regional source of renewable aviation fuel. Washington State University received $40 million for the project.
-- develop a regional biomass production system for advanced motor fuels using native perennial grasses, such as switchgrass, big bluestem and Indian grass. Iowa State University received $25 million for the work.
Its researchers also will study planting of legumes with the grasses as a way to add nutrients to marginal land and evaluate a co-product, bio-char, as a soil amendment to increase carbon sequestration.
-- seek economically viable conversion of biomass in existing refineries using energy cane -- a relative of sugarcane that's lower in sugar and higher in fiber -- and sorghum as a boost to sugar and chemical industries. Louisiana State University received $17.2 million for the project.
-- use switchgrass and woody biomass to produce low-cost sugars for conversion to butanol as well as use forest and mill residues and dedicated energy crops to produce biodiesel fuel, heat and power. The University of Tennessee received $15 million for the research.
Last month, the government announced a $150 million project to produce advanced drop-in aviation and marine biofuels for the military and for commercial transport.
2. Porter Airlines brings the slopes closer with non-stop New York-Mont Tremblant flights
Porter Airlines is launching a new route from New York to Mont Tremblant, Quebec, this winter, just in time for ski season. From Dec. 22 to April 12, passengers can enjoy weekly roundtrip flights from Newark International Airport to the base of Mont Tremblant, eastern North America's premier ski destination.
With a state-of-the-art snow making system, world class ski hills, a lively pedestrian village with a wide array of boutiques, restaurants and plenty of nightlife options, Mont Tremblant has long been a favorite destination for outdoor enthusiasts.
"Canada is world-famous for our award-winning outdoor attractions," said Robert Deluce, president and CEO of Porter Airlines. "Introducing non-stop flights to Mont Tremblant provides passengers in Greater New York with even easier access to some of the best skiing we have to offer."
Highlights from the new schedule include weekly departures on Thursday mornings, return flights on Monday mornings from Dec. 26 to Jan. 2, and return flights on Sunday mornings from Jan. 8 to April 12.
Passengers can also connect through Toronto for even greater travel flexibility with 11 weekly departure times and 10 return options.
"The non-stop flight from New York with Porter is a great opportunity for our guests to enjoy a drastic change of scenery in only 90 minutes or so," said Alain Houde, Directeur Général of Tourisme Mont-Tremblant. "They can maximize their leisure time and hit the slopes in record time!"
Porter offers the only non-stop service between Newark and Mont Tremblant.
Porter is partnering with travel specialist Ultimate Ski Vacations to provide air-inclusive packages, including lift tickets and accommodations, with a "best price guarantee". Skiing and snowboarding packages can be customized by visiting www.ultimateski.ca or calling 1-800-465-3034.
About Porter Airlines
Porter Airlines is Canada's third-largest scheduled carrier, based at Billy Bishop Toronto City Airport. Porter is an Official 4 Star Airline® in the World Airline Star Rating® by Skytrax, committed to offering speed, convenience and service as part of a premium travel experience. A refined journey begins on the ground with comfortable airport lounges and service-oriented team members. The experience continues seamlessly in the air with spacious interiors and well-appointed crew. Passengers enjoy complimentary services, including free in-flight wine, beer and premium snacks, all aboard modern aircraft.
The airline offers flights to Toronto, Ottawa, Montreal, Quebec City, Moncton, Halifax, St. John's, Thunder Bay, Sault Ste. Marie, Sudbury, Windsor, New York (Newark), Chicago (Midway), Boston (Logan), and has seasonal flights to Mt. Tremblant, Que. and Myrtle Beach, S.C.
Join VIPorter frequent flyer program to earn a free flight after as few as five one-way trips. Visit www.flyporter.com or call (888) 619-8622 for more information.
3. Real estate shares dive in Abu Dhabi
The ADX General Index headed 0.66% lower on Monday, closing at 2,519.02 points. Aldar Properties plunged 2.56% to Dhs1.14, while RAK Properties and Sorouh Real Estate lost 2.85% and 1.85%, respectively. Abu Dhabi Ship Building gained the most (up 7.22% at Dhs2.08). In its recently published Emerging Markets Outlook, Citibank's analyst David Lubin writes: "The deteriorating global outlook spells risks for the UAE on three fronts, and we now consider risks to our economic forecasts to be on the downside. First, the fall in recent months in global oil prices will squeeze revenues at the Abu Dhabi level, and we have already seen that emirate begin to pull back from some previously anticipated investments, particularly in the non-oil sector. Second, slower growth in global demand may impact Dubai's ongoing recovery, dependent as it is on global trade, tourism and transportation. Finally, the retrenchment in global risk appetite will expose entities in the UAE to heightened refinancing risks if financial conditions remain tight in the medium term."
USA Aviation NEWS
Aviation NEWS ByNeha Jain
Aviation NEWS Reporter
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