Remarking on the significance of one percent market penetration, Billy Glover, managing director of environmental strategy at Boeing's commercial airplanes unit, told Bloomberg in an interview:
Though no commercial airliners currently use biofuels for regular flights, testing of the plant-derived fuels has been going on for years. If Boeing's predictions hold true, our chances of boarding a plane powered by plants are about to get slightly – ever so slightly – better.We need to get to 1 percent to get that foundation and then the trajectory will be significantly steeper. We're aiming for a 1 percent penetration around the middle of this decade, and we think that's quite achievable.
[Source: Bloomberg | Image: abdallahh – C.C License 2.0]