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AAL Jan 2025 35.000 call
- Yahoo Finance Video
Hurricane Beryl tanks top travel stocks
Travel-related stocks are falling on Monday as Hurricane Beryl makes landfall in the Caribbean. The storm's arrival poses significant risks to both cruise operations and air travel in the region, contributing to investor concerns and weighing on the sector's performance. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
- Reuters
American Airlines in 100 hydrogen-electric engines deal with startup
The airline also increased its investment in the Hollister, California-based company as part of its Series C financing round, but did not disclose the details. American first invested and signed a memorandum of understanding with ZeroAvia, which is flight testing a prototype for a 20-seat plane, in 2022. The company is also designing an engine for larger aircraft such as the Bombardier CRJ700, used by American on some of its regional routes.
- GlobeNewswire
American Airlines commits to conditional purchase of 100 ZeroAvia hydrogen-powered engines, increases investment in hydrogen-electric innovator
FORT WORTH, Texas and EVERETT, Wash., July 02, 2024 (GLOBE NEWSWIRE) -- American Airlines today announced that it has entered into a conditional purchase agreement with clean aviation innovator ZeroAvia for 100 hydrogen-electric engines intended to power regional jet aircraft with zero inflight emissions save for water vapor. In addition, American has increased its investment in ZeroAvia. American made its first investment in ZeroAvia in 2022 and has also now participated in the company’s Series
