New Arkansas law creates incentives for alternative aviation fuel [Yahoo! Finance]
United Airlines Holdings, Inc. (UAL)
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Source: Yahoo! Finance
House Bill 1303, now Act 546, creates the “Sustainable Aviation Fuel Incentive Act.” The act refers to a facility that produces jet fuel using wood biomass and meets specific terms, such as size and employee count, that can receive a 30% tax credit. United Airlines wants to turn algae into jet fuel The minimum terms of the act require an Arkansas facility costing more than $2 billion with 75 full-time employees and using 80% of the energy it consumes to create the alternate fuel. Facility construction must begin before Dec. 31, 2027. The 30% tax reduction is “of the cost of sustainable aviation fuel production and processing equipment purchased for use in the state by a qualified manufacturer of sustainable aviation fuel.” Biden administration details how producers of sustainable aviation fuel will get tax credits The director of the state Economic Development Commission must certify the facility. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may n
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News
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UAL
Earnings
- 10/15/25 - Beat
UAL
Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 144
- 10/16/25 - Form 10-Q
- UAL's page on the SEC website