United's New Flight Path: Green Startups
United Airlines' in-house venture arm has earmarked over a billion dollars to directly invest in green-tech that advances the carrier's decarbonization efforts. One of UAL's most promising bets is in Swedish startup Heart Aerospace, which is building the first fleet of regional airplanes running on batteries and electric motors instead of traditional jet fuel. Commercial operations focused on shorter routes begin in 2026.
Thu, Oct 6 20224:42 PM EDT