United Airlines are planing to purchase 100 all-electric planes from Heart Aerospace to use for trips of 250 miles or less.
The investment is part of United’s goal to reduce its greenhouse gas emissions 100% by 2050
The following written content from Lucas Manfredi
As part of its largest order ever for 270 Boeing and Airbus jets, United Airlines will undertake a nose-to-tail transformation of its fleet and offer a new and improved in-flight experience for passengers.
The company’s investment arm, United Airlines Ventures (UAV), as well as its partners Breakthrough Energy Ventures (BEV) and Mesa Airlines, have announced a new investment in Gothenburg, Sweden–based electric aircraft startup Heart Aerospace, which will fast track the development of its ES-19 electric aircraft to begin commercial service by 2026.
A United spokesperson declined to disclose the financial terms of the investment. Heart Aerospace CEO Anders Forslund confirmed to FOX Business that the startup raised a total $35 million from investors in its latest funding round.
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In addition to the investment, United has conditionally agreed to purchase 100 ES-19 aircraft, once the aircraft meets the airline’s safety, business and operating requirements. Mesa Airlines, United’s key strategic partner in bringing electric aircraft into commercial service, has also agreed to add 100 ES-19 aircraft to its fleet, subject to similar requirements.
Once operational, the ES-19 will be able to fly on more than 100 of United’s regional routes out of most of its hubs, including Chicago O’Hare International Airport (ORD) to Purdue University Airport (LAF) and San Francisco International Airport (SFO) to Modesto City-County Airport (MOD).
The 19-seat plane, which uses electric motors instead of jet engines and batteries instead of jet fuel, has the potential to fly customers up to 250 miles. The ES-19 will be a larger aircraft than any of its all-electric competitors and have zero operational emissions.
Breakthrough Energy Ventures’ Carmichael Roberts says the ES-19 will be “transformational in reducing the emissions of the industry” and enable low cost, quiet and clean regional travel on a broad scale at a fraction of the cost.
UAV president Michael Leskinen noted that the airline recognizes its customers “want even more ownership of their own carbon emissions footprint” and emphasized the short-haul regional air travel market will play a key role in the ES-19’s evolution.
“As battery technology improves, larger-gauge aircraft should become viable but we’re not going to wait to begin the journey,” Leskinen added. Read more from Fox Business
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