United Airlines Ventures has invested in blended-wing aircraft startup JetZero for an undisclosed sum. The aircraft is designed to fly at higher altitudes and be more fuel-efficient than traditional jets.
The United deal includes "a path to order" up to 100 airplanes with an option for an additional 100. The purchase agreement is conditioned on JetZero achieving a flight of a full-scale demonstrator by 2027, among other factors, according to United.
The U.S. Air Force in 2023 awarded JetZero a $235 million contract to fast-track the development of its commercial demonstrator. The technology could potentially "help United lower its carbon emissions while reducing the cost of operations," according to the carrier.
The JetZero Z4 airplane is designed to hold up to 250 passengers and fly on conventional jet fuel, with propulsion systems able to use sustainable aviation fuel blends.
Alaska Airlines in August 2024 invested in JetZero, and Delta partnered with the company in March.
Source: Business Travel News