US EditionAirbus hits the brakes on hydrogen jet plans after reportedly spending over $1.7B
4 Articles
4 Articles
Airbus has postponed the production of a “green” hydrogen aircraft. The company admitted it was in a hurry. This cost her 1.7 billion euros
The European aircraft manufacturer Airbus has abandoned plans to introduce a hydrogen-powered passenger plane with zero emissions of harmful gases to the market by 2035, writes The Wall Street Journal.
Report: Airbus Has Spent $1.7B on Stalled Hydrogen Ambitions
Airbus has pumped the brakes on its development of a hydrogen-powered aircraft concept. On Sunday, new details emerged about just how much the manufacturer has spent on the stalled project. According to The Wall Street Journal, sources familiar with the company’s financing said Airbus allocated about $450 million annually to fund the development of four “ZeroE” aircraft concepts, three of which have been scrapped in favor of a single design. In …
Australian National Review - Airbus pulls back on ‘green’ jet – WSJ
The European aerospace giant has suspended plans to deliver flagship zero-emissions commercial aircraft by 2035, according to a report European aircraft manufacturer Airbus is scaling back its hydrogen-powered jet project after spending nearly $2 billion, the Wall Street Journal has reported, citing sources. The company announced in 2020 that it aimed to launch a zero-emission, H2-powered aircraft by 2035, calling it a potential breakthrough for…
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