The International Air Transport Association has criticised the oil industry and national governments for failing to invest in the development of aviation biofuel. Explaining why he is "disappointed" with the lack of government action, IATA director general Giovanni Bisignani cites the "billions of dollars of bailout" received by the ailing car industry. He complains: "We have not seen one penny from governments investing in biofuels." The oil industry, meanwhile, yields $9 billion… Continue reading