US Airways Group reported its fourth quarter and 2007 results. Net loss for the fourth quarter was $79 million, compared to a net profit of $12 million for the same period last year. Excluding net special items of $37 million, the Company reported a net loss of $42 million for its fourth quarter 2007. For the full year 2007, the Company reported a net profit of $427 million which compares to a net profit before cumulative effect of change in accounting principle of $303 million for the full year 2006.

Australian sustainable aviation fuel industry receives massive boost with major investment
The Australian sustainable aviation fuel (SAF) industry has received a massive boost with a major joint investment. A Queensland biofuel refinery being jointly developed by Jet Zero Australia and LanzaJet is to receive investment from Qantas Group, Airbus, and the Queensland Government. The refinery is looking to produce SAF from agricultural by-products, including sugar cane.