ZeroAvia

The Last Word: American Airlines’ Robert Isom on Winning the Eco-Airline of the Year Award

Air Transport World announced today that American Airlines has been named the 2023 Eco-Airline of the Year. ATW lauded American’s work to run a more fuel-efficient operation with more fuel-efficient aircraft powered increasingly by low-carbon fuel and new technology.
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American Airlines Invests in Hydrogen Fuel Distribution Startup As it Eyes Emission-Cutting Goals
Two months after investing at least $5 million in ZeroAvia, a hydrogen-electric engine developer, Fort Worth-based American Airlines has made a strategic investment in L.A.-based Universal Hydrogen Co., a hydrogen fuel distribution and logistics startup. "This technology has the potential to be a game-changer on the industry’s path to zero-emission flight,” said Derek Kerr, American’s CFO.
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Follow the Money: Southlake Biotech Raises $14.9M, American Airlines Invests in Innovative Engine Maker, and More
by | Aug 8, 2022
Plus: 7-Eleven acquires last-mile delivery startup; American Heart Association invests in $43M healthcare innovation fund; Fort Worth real estate investors raise $32.4M for new fund; Dallas College Lands $8.8M to boost biotech workforce; UT Southwestern researchers land funding for hypothermia therapy study; and more North Texas deals.
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