Airbus Invests in LanzaJet for Sustainable Fuels and Explores Hydrogen Aircraft with Avolon
Key Ideas
- Airbus invests in LanzaJet to scale up Ethanol to SAF process technology, supporting the development of sustainable aviation fuels.
- Partnership with Avolon marks Airbus' first collaboration with an operational lessor, aiming to explore hydrogen-powered aircraft potential.
- LanzaJet's ATJ technology reduces emissions, creating SAF that cuts greenhouse gas emissions by over 70% compared to fossil fuels.
- Airbus and Avolon's partnership at FIA2024 focuses on financing, commercialization, and leasing support for future hydrogen-powered aircraft.
Airbus has made significant strides in sustainable aviation with investments in LanzaJet for the production of sustainable aviation fuels (SAF) and a partnership with Avolon to explore hydrogen-powered aircraft. The investment in LanzaJet will help scale up the Ethanol to SAF process technology, crucial for producing SAF at scale. LanzaJet's Alcohol-to-Jet (ATJ) pathway reduces emissions, with SAF cutting greenhouse gas emissions by over 70% compared to fossil fuels. Airbus and Avolon's collaboration at FIA2024 aims to investigate the potential of hydrogen-powered aircraft, dedicating resources to understand operational mechanisms and support the industry's move towards zero emissions. The partnership also includes exploring financing, commercialization, and leasing support for future hydrogen-powered aircraft. Avolon's orders for 310 new engines to power Airbus A320neo family aircraft demonstrate a commitment to sustainable aviation. This initiative represents a significant step towards a sustainable aviation ecosystem through the production of SAF and the exploration of hydrogen-powered aircraft.