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Saran | November 30, 2021
Safran Aircraft Engines, a world leading engine manufacturer, and Albany International Corp. (NYSE: AIN), a leading developer and manufacturer of engineered composite components, today announced an agreement extending their partnership to the year 2046. Through this new agreement, the two companies declare their intent to work together on the next generation engines and thus contribute to the 2050 net-zero CO2 emissions commitment of the aviation industry.
Albany International and...
ZeroAvia | September 21, 2023
ZeroAvia today announced that Airbus, Barclays Sustainable Impact Capital and NEOM have co-led the company's latest financing round.
Breakthrough Energy Ventures, Horizons Ventures, Alaska Airlines, Ecosystem Integrity Fund, Summa Equity, AP Ventures and Amazon Climate Pledge Fund have also participated in the investment.
This investment will enable ZeroAvia to accelerate pro...
WestJet | September 28, 2020
Canadian low-cost airline WestJet is excited to get the MAX back into service. While it sees the aircraft being allowed to fly in Q4 of 2020, it doesn’t expect to see it on its own schedules until probably next year. Nevertheless, Jeff Martin, Chief Operations Officer at WestJet, has said that the airline is ‘committed’ to the MAX and excited to see it in its fleet....
ZeroAvia | September 30, 2022
ZeroAvia, the leader in zero-emission aviation, today announced it has entered into a non-exclusive Joint Development Agreement with Textron Aviation Inc., a Textron Inc. ( NYSE: TXT) company, supporting ZeroAvia's development of hydrogen-electric, zero-emission powertrains for the Cessna Grand Caravan (208B) aircraft. ZeroAvia will obtain a Supplemental Type Certificate (STC) to retrofit the Grand Caravan single-engine utility turboprop with the ZA600 zero-emission powertrain, targeting com...
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