American announces investment in Hydrogen-Electric engine developer ZeroAvia
American Airlines announced Tuesday its investment in ZeroAvia, a leader in zero-emission aviation. Additionally, it signed a memorandum of understanding that gives the airline 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.
“Our investment in ZeroAvia’s emerging hydrogen-electric engine technology has the potential to play a key role in the future of sustainable aviation,” said Derek Kerr, American’s Chief Financial Officer. “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.”
→ American reports its first quarterly profit since start of pandemic.
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.
“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,” added ZeroAvia Founder and CEO Val Miftakhov. “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.
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