Airbus and Avolon Partner to Pave the Way for Hydrogen Aircraft Commercialization
Key Ideas
  • Airbus and Avolon collaborate to explore the potential of hydrogen-powered aircraft, focusing on financing and commercialization.
  • Hydrogen fuel cells in airplanes convert hydrogen gas into electricity through an electrochemical reaction, with Airbus dedicating resources to understand integration within the industry.
  • Avolon's President emphasizes the importance of a wide ecosystem to overcome the challenges of hydrogen-powered commercial flight, highlighting the need for industry decarbonization.
  • Airbus and Avolon stress the significance of partnerships and collaboration in successfully transitioning to hydrogen-powered aircraft for airline customers.
Airbus, based in Toulouse, France, has joined forces with aircraft lessor Avolon in Dublin to delve into the potential of hydrogen-powered aircraft, marking a significant partnership under the ZEROe Project. This collaboration, revealed at the Farnborough Airshow, aims to investigate the financing and commercial viability of future hydrogen aircraft while considering the support provided by the leasing business model. The initiative emphasizes the importance of developing a viable hydrogen ecosystem to align with the aviation industry's goal of near-zero emissions. Airbus is committed to comprehending the integration of hydrogen-powered aircraft within the industry and their relationship with airports and airlines. The process involves converting hydrogen gas into electricity through an electrochemical reaction in high-pressure onboard tanks, laying the foundation for potential commercial flights. Avolon's President, Paul Geaney, stresses the necessity of an extensive ecosystem to tackle the challenges of hydrogen-powered flight and underscores Airbus's pivotal role in fostering partnerships. This partnership signifies Avolon's commitment to sustainability and the exploration of future aircraft financing and commercialization. Airbus Vice President Glenn Llewellyn acknowledges the collaborative effort required to drive aviation decarbonization, highlighting the importance of industry players coming together to ensure a successful transition to hydrogen-powered aircraft for their customers.
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