02.07.2024 15:03:13 - dpa-AFX: American Airlines In Deal With ZeroAvia To Buy 100 Hydrogen-electric Aircraft Engines

WASHINGTON (dpa-AFX) - American Airlines Group Inc. (AAL) said on Tuesday
that it has entered into a conditional purchase deal with ZeroAvia, a clean
aviation innovator, for 100 hydrogen-electric engines to power regional jet
aircraft.

ZeroAvia is a developer of hydrogen-electric, fuel cell-powered, engines for
commercial aircraft, which offer the potential for close to zero inflight
emissions.

The company is also flight testing a prototype for a 20-seat plane and designing
an engine for larger aircraft such as the Bombardier CRJ700, which American
operates on certain regional routes.

In addition, the airline noted that it has increased its investment in ZeroAvia
after it made its first investment in ZeroAvia in 2022. The engine agreement
follows the Memorandum of Understanding the companies announced in 2022.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
American Airlines Group A1W97M NASDAQ 11,120 03.07.24 22:59:45 +0,070 +0,63% 11,130 11,140 11,160 11,120

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