Airbus group
From green slime to jet fuel: Algae offers airlines a cleaner future
The project will grow algae for biofuel and, although commercial production is a long way off, hopes are high.
The project is the latest move in a game of leapfrog played by Airbus and Boeing over the past decade.
The planemaking subsidiary of Airbus Group sold 21 aircraft in August, a traditionally quiet month.
The aerospace group posted a narrower-than-expected drop in core earnings.
Airbus said it would raise output of its A320 family of small jets to 46 aircraft a month by Q2 of 2016.