American Airlines commits to conditional purchase of 100 ZeroAvia hydrogen-powered engines, increases investment in hydrogen-electric innovator [Yahoo! Finance]
American Airlines Group, Inc. (AAL)
Last american airlines group, inc. earnings: 4/30 07:30 am
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Source: Yahoo! Finance
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 C financing round. The engine agreement follows the Memorandum of Understanding the companies announced in 2022. ZeroAvia is developing hydrogen-electric (fuel cell-powered) engines for commercial aircraft, which offer the potential for close to zero inflight emissions. The company is flight testing a prototype for a 20-seat plane and designing an engine for larger aircraft such as the Bombardier CRJ700, which American operates on certain regional routes. “Advancing the transition of commercial aviation to a low-carbon future requires investments in promising technologies, including alternate forms of propulsion,” said American's
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News
- American Airlines Group Inc. (AAL) Shareholders May Have Been Affected by Fraud- Levi & Korsinsky InvestigatesAccesswire
- American Airlines Group Inc. Investigation Ongoing: Contact Levi & Korsinsky About Potential Securities Fraud Allegations - AALAccesswire
- TOP RANKED ROSEN LAW FIRM Encourages American Airlines Group Inc. Investors to Inquire About Securities Class Action Investigation – AALGlobeNewswire
- Alaska Air Flight Attendants Are Set for 32% Increase in Pay [Yahoo! Finance]Yahoo! Finance
- Alaska Air Flight Attendants Are Set for 32% Increase in Pay [BNN Bloomberg (Canada)]BNN Bloomberg
AAL
Earnings
- 4/25/24 - Miss
AAL
Sec Filings
- 6/6/24 - Form 4
- 6/6/24 - Form 4
- 6/6/24 - Form 4
- AAL's page on the SEC website