Browsing: Airbus

Japan's $26 Billion Bet on Hydrogen-Powered Jets

Japan’s aerospace industry is gearing up for a transformative leap as the Ministry of Economy, Trade and Industry unveils plans to invest a staggering 4 trillion yen ($26.46 billion) in a public-private partnership.

Airbus Expands Production in Germany

Airbus, the global aircraft manufacturing giant, announced plans to expand its production significantly in Germany. The company aims to build 75 A320 family aircraft every month by 2026, with a particular focus on A321neo and the long-haul version A321XLR.

ZeroAvia Secures $116 Million Boost to Hydrogen-Powered Aviation

ZeroAvia has concluded its Series C funding round, amassing a total of $116 million. This funding, with key participation from the UK Infrastructure Bank, Airbus, Barclays Sustainable Impact Capital, and NEOM Investment Fund (NIF), positions ZeroAvia at the forefront of clean propulsion technology for larger aircraft.

Green Hydrogen H2 News

Airbus, a leading European aircraft manufacturer, is setting its sights on a groundbreaking development in the aviation industry. The company is eyeing the possibility of commissioning a 150-seat hydrogen plane, with the target year for potential launch set for 2035.