United Airlines Invests in Blended Wing Aircraft Firm JetZero

MT Newswires Live04-24

United Airlines (UAL) said Thursday it has made an investment in blended wing aircraft company JetZero. Terms of the investment were not disclosed.

JetZero is developing a blended wing body or "all wing" aircraft design that may improve jet fuel efficiency by up to 50% while also enhancing passenger experience, United said.

The collaboration includes a path for United to order up to 100 planes with an option for an additional 100, based on JetZero achieving certain development milestones, the airline said.

JetZero was awarded a $235 million contract by the US Air Force in 2023 to support the development of its full-scale demonstrator, which is scheduled to make its first flight in 2027, United said.

Price: 66.46, Change: -1.57, Percent Change: -2.31

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