Airbus, EasyJet Seek UK Funding to Push Hydrogen-Powered Aviation [BNN Bloomberg (Canada)]
EASYJET PLC S/ADR (ESYJY)
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Source: BNN Bloomberg
The Hydrogen in Aviation alliance called for more public funding to scale technologies and build the necessary infrastructure for hydrogen-powered flight, according to a report released on Monday. The alliance also urged airports to develop hydrogen plans. Hydrogen has emerged as a potential alternative to jet fuel as the aviation sector faces pressure to cut emissions and reduce fossil fuel use. The technology is still years away from commercial service, and the aviation industry says that infrastructure and regulations need to be in place for hydrogen-powered aircraft to be viable. While the UK has made breakthroughs in hydrogen-powered technology, “these advances will be inconsequential if we fail to complement them with the appropriate skills, infrastructure, investment and regulation needed to support hydrogen aviation,” EasyJet Chief Executive Officer Johan Lundgren, who is first chair of the alliance, said in a statement. Airbus is developing a hydrogen-powered turboprop
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