FORT WORTH, Texas, July 02, 2024 (GLOBE NEWSWIRE) -- American Airlines released its 2023 Sustainability Report today, documenting its work to advance the company’s strategy to address climate change and accelerate the broader solutions needed to decarbonize aviation, and sharing progress on other issues important to the company and its stakeholders — including safety, human capital and customer experience. Key progress in 2023 includes American’s collaboration with Breakthrough Energy and Google
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.
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