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United Airlines invests in eco-friendly travel future

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United Airlines is bringing eco-friendly travel to the world of aviation

United Airlines says it plans to buy 100 E-S-19 electric planes from Swedish start-up Heart Aerospace.

The U.S. carrier has been keen to get into the future of electric, gearing up to obtain battery-powered aircraft for regional routes.

It is the latest in a series of such “innovation-related” announcements by United as major airlines come under pressure to cut emissions.

United’s Commitment to Sustainable Aviation

Heart Aerospace has partnered with United Airlines, Breakthrough Energy Ventures and Mesa Airlines to fund and develop the ES-19, an innovative product that will eliminate operational emissions and decrease the aviation industry’s carbon footprint.

Both United and Mesa have conditionally agreed to order 100 of the jets, given it meets each company’s safety, business and operating standards. The investment comes from United’s dedicated sustainability fund, called United Airlines Ventures (UAV), which is focused on innovative technologies that reduce carbon emissions while simultaneously improving the customer experience and revolutionizing how the industry operates.

United Airlines last month revealed bold plans to also buy the new supersonic jet, bringing ultra-fast travel into the market

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Money

Six strategies to build a six-figure property portfolio

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Achieve your dream retirement with these key property investment approaches

Investment Insights is an informative and inspiring interview-style show that dives into the world of money management and wealth creation, making complex financial concepts accessible to all.

Hosted by the Founder of The Investor’s WayAndrew Woodward.

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Experts reveal how to spot investment-grade properties

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Crucial tips for choosing the right property to secure long-term financial success

Investment Insights is an informative and inspiring interview-style show that dives into the world of money management and wealth creation, making complex financial concepts accessible to all.

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Tricks of the trade: how to navigate market volatility with confidence

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Strategies to manage risk and seize opportunities in uncertain times

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