Airbus and Avolon Partner to Explore Hydrogen-Powered Aircraft Commercialization
Key Ideas
  • Airbus and Avolon collaborate at Farnborough Airshow to study the potential of hydrogen-powered aircraft, focusing on financing and commercialization.
  • The partnership aims to support the development of a viable hydrogen ecosystem to achieve near-zero emissions in the aviation industry.
  • Avolon's president highlights the importance of industry collaboration and sustainability in overcoming the challenges of hydrogen-powered commercial flight.
  • Airbus emphasizes the value of partnerships in addressing aviation decarbonization, welcoming Avolon's expertise in aircraft leasing for the transition.
Airbus has partnered with aircraft lessor Avolon to delve into the possibilities of hydrogen-powered aircraft, a significant move as part of the ZEROe Project. This collaboration, announced at the Farnborough Airshow, will focus on the financing and commercialization aspects of future hydrogen-powered aircraft. The goal is to explore how these innovative aircraft can be supported by the leasing business model and integrated into the aviation industry. By working together, Airbus and Avolon aim to contribute to the development of a sustainable hydrogen ecosystem that will play a crucial role in achieving near-zero emissions in aviation. Avolon's president emphasized the importance of collaboration and sustainability in tackling the challenges associated with hydrogen-powered commercial flight, highlighting the need for a broad ecosystem to drive the industry's decarbonization. Airbus also stressed the value of partnerships in addressing the pressing issue of aviation decarbonization, acknowledging Avolon's expertise and leadership in aircraft leasing. This initiative signifies a step forward in the aviation sector's journey towards a more sustainable and environmentally friendly future.
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