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Continental Airlines (NYSE: CAL) said Monday it has picked Sapphire Energy as a supplier of algae-based biofuel to power the airline's first bio-fueled test flight scheduled for next month.
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The news puts San Diego-based Sapphire in a small club of algae-to-biofuel startups who have landed deals to produce large quantities of fuel.One engine will be powered by a fuel that's half traditional jet fuel and half biofuel derived from algae and Jatropha.Sapphire will provide the algae-based biofuel, and Terrasol will provide the jatropha-based biofuel, Continental reported.
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