Airbus and Avolon Partner to Explore Hydrogen-Powered Aircraft Financing
Key Ideas
  • Airbus and Avolon collaborate to study the potential of hydrogen-powered aircraft and how they can be financed and commercialized.
  • The partnership aims to contribute to the development of a viable hydrogen ecosystem to achieve near-zero emissions in the aviation industry.
  • Airbus actively engages with key partners and airlines to facilitate the deployment of hydrogen-powered aircraft and promote hydrogen infrastructure at airports.
  • Avolon, a leading aircraft lessor, joins the ZEROe Project to explore anything involves with the transition to hydrogen aviation.
At the Farnborough Airshow, Airbus and aircraft lessor Avolon have announced a partnership to explore the potential of hydrogen-powered aircraft through the ZEROe Project. The collaboration will focus on researching how these aircraft could be financed, commercialized, and supported by the leasing business model. This initiative is part of Airbus' significant efforts to introduce hydrogen-powered aircraft and create a viable hydrogen ecosystem to reduce emissions in the aviation industry. Avolon's President expressed their commitment to sustainability and the importance of working with partners like Airbus to drive industry decarbonization. Airbus is actively engaging with partners globally to develop the hydrogen ecosystem and has launched the 'Hydrogen Hub at Airports' program to expand hydrogen infrastructure. The company is also in discussions with several airlines to study the deployment of hydrogen-powered aircraft. The partnership between Airbus and Avolon signifies a collaborative effort to address the challenges of transitioning to hydrogen aviation and marks a significant step towards achieving decarbonization goals in the industry.
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