50 SKY SHADES - World aviation news

American Airlines announced investment in hydrogen-electric engine developer ZeroAvia

Download: Printable PDF Date: 04 Aug 2022 15:32 (UTC) categories:
Publisher:
American Airlines announced investment in hydrogen-electric engine developer ZeroAvia - Finance publisher
Dana Ermolenko
Aircraft: Airplanes

American Airlines announced its investment inZeroAvia. In addition to the investment, a memorandum of understanding provides American the opportunity to order up to 100 engines from ZeroAvia’s hydrogen-electric powertrain development program. The engines are intended to power regional jet aircraft with zero emissions.

Derek Kerr, American’s Chief Financial Officer, commented: “Our investment in ZeroAvia’s emerging hydrogen-electric engine technology has the potential to play a key role in the future of sustainable aviation. We are excited to contribute to this industry development and look forward to exploring how these engines can support the future of our airline as we build American Airlines to thrive forever.”

ZeroAvia is working to achieve certain type certifications of its innovative propulsion technology that will pave the way for the engines to be incorporated into the regional jet market in the future. The ZA2000-RJ powertrain is anticipated to enable passengers to fly in zero-emission regional jets as early as the late 2020s.

ZeroAvia Founder and CEO Val Miftakhov, said: “Having support from the world’s largest airline is a strong indication of the progress we’re making on the development of hydrogen-electric, zero-emission flight. We are focused on delivering sustainable travel, and are delighted that American, a visionary leader in the industry, sees ZeroAvia as a part of the future of aviation.”

This investment showcases another action on American’s path to achieve its aggressive climate goals, including achieving net-zero greenhouse gas (GHG) emissions by 2050. In addition to the strategy and progress outlined in American’s recently published Environmental, Social and Governance Report, other recent sustainability efforts by the airline include:

  • Receiving the industry’s first-ever CORSIA-certified batch of sustainable aviation fuel (SAF) from Neste.
  • Reaching an agreement to purchase 500 million gallons of SAF over five years from Gevo, Inc., American’s most significant SAF commitment to date.
  • Becoming the first airline globally to receive validation from the Science Based Targets initiative for its 2035 GHG emissions reduction targets.

 





Recommended

BGS expands fueling partnership with Freebird Airlines ahead of summer 2026 season

Baltic Ground Services, an international provider of ground handling and aircraft fueling services, has expanded its cooperation with Turkish leisure carrier Freebird Airlines across several airports...

Liebherr and Loong Air sign service agreement for heat transfer equipment

Liebherr-Aerospace and Loong Air launched a long-term collaboration, with Liebherr-Aerospace providing major repair and re-coring services for the heat transfer equipment on Loong Air’s A320ceo/...

dnata wins multi-year Silk Way Group cargo handling contract in Singapore

dnata has secured a new multi-year contract with Silk Way Group to provide cargo and freighter handling services at Singapore Changi Airport (SIN), further strengthening a longstanding global par...

Cathay Pacific announces plans to launch direct flights to Almaty

Affirming Cathay’ ongoing commitment to growing Hong Kong’s connectivity with Belt and Road countries, Cathay Pacific is pleased to announce plans to launch direct flights to Almaty,...

Android Apps development in Riga, Latvia