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Jet fuel is a clear to straw-colored fuel, based on either an unleaded kerosene (Jet A-1), or a naphtha–kerosene blend (Jet B). Similar to diesel fuel , it can be used in either compression ignition engines or turbine engines .
Under EU law, it has been possible to tax jet fuel nationally and between Member States since 2003. [4] However, as of August 2019, the only EU country to have done so is the Netherlands, which taxed commercial jet fuel from 2005-2011 on domestic flights only. [5]
New light jet prices range from $5.75 million to $11.89 million to buy. Midsize jets: With a capacity of about five hours of travel at a time, midsize jets work well for both short and mid-range ...
In 2016, when McGraw-Hill changed its name to S&P Global, the Platts division was renamed S&P Global Platts. Platts' first significant acquisition came in 2001, when it acquired FT Energy. [7] That acquisition gave it the Platts Global Energy Awards, considered one of the industry's biggest awards event, held every December in New York. [8]
T1-M-A1 tanker: Called a small Coastal tanker, Includes the Mettawee-class gasoline tanker. Diesel powered 800 hp, 10 knots max. Diesel powered 800 hp, 10 knots max. Tonnage Deadweight: 1,600, Tonnage Full Load: 2,900, Dimensions: 221 feet long, Width 37 ft, First Navy commissioning in 1943.
By 2019, fossil jet fuel production cost was $0.3-0.6 per L given a $50–100 crude oil barrel, while aviation biofuel production cost was $0.7-1.6, needing a $110–260 crude oil barrel to break-even. [19] As of 2020 aviation biofuel was more expensive than fossil jet kerosene, [1] considering aviation taxation and subsidies at that time. [72]
A-1 Skyraider, a United States Air Force/Navy single engine propeller driven attack aircraft; Alcock Scout also known as Alcock A.1, a one-off 1917 British fighter biplane assembled from elements of other fighter aircraft
The US military designed the F-35 to fill roles for the Air Force, Marines, and Navy. US taxpayers could be on the hook for $1.7 trillion over the lifetime of the ambitious and versatile F-35 fleet.