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American Airlines buys stake in net-zero aviation start-up

Thursday, 4 August 20223 min read
American Airlines buys stake in net-zero aviation start-up

American Airlines has taken a stake in hydrogen-electric start-up ZeroAvia. American says 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,” American’s CFO Derek Kerr said.

The two companies signed a MoU which will enable the airline to order up to 100 ZeroAvia hydrogen-electric engines.