(CercleFinance.com) – American Airlines announced today that it has acquired a strategic stake in Universal Hydrogen, which is building a green hydrogen distribution and logistics network for aviation.
American Airlines’ goal is to reduce greenhouse gas emissions by 2035 and ultimately its commitment to achieve zero emissions by 2050.
Universal Hydrogen’s fuel distribution network uses modular hydrogen capsules that are handled like cargo, eliminating the need for new infrastructure and speeding up fuel loading operations.
Universal Hydrogen will begin hydrogen deliveries for regional aircraft in 2025 before expanding services to large single-aisle aircraft, first as an auxiliary power and then as a primary fuel in the mid-2030s.
“This technology has the potential to be a game-changer on the industry’s path to zero-emissions flying,” said Derek Kerr, chief financial officer of American Airlines.
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