American Airlines invests in Zeroavia
US firm hopes to use developer’s hydrogen-electric engines to power regional flights
US airline American Airlines has invested in hydrogen-electric engine developer Zeroavia and signed a memorandum of understanding giving it the option to order up to 100 engines from the firm in the future. American Airlines would use the ZA2000-RJ engines to power regional flights if it were to complete the order. Zeroavia says the engines could enter commercial operational by the late 2020s. “Our investment in Zeroavia’s emerging hydrogen-electric engine technology has the potential to play a key role in the future of sustainable aviation,” says Derek Kerr, CFO of American Airlines. “We are excited to contribute to this industry development and look forward to exploring how these engines c
Also in this section
28 March 2024
Investment landscape is firming up in North African country with potential to become one of the world’s major exporters
22 March 2024
German energy firm and Canada-based Pattern Energy aim to ship green ammonia to Hamburg in latest move to secure imports to Europe’s largest economy
22 March 2024
French company prepares for commercial launch of underground storage system to be deployed at green hydrogen production and consumption sites
21 March 2024
Region has competitive edge in low-carbon hydrogen, but infrastructure and export challenges are key roadblocks to overcome