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Stock impact report

JetBlue-backed private-jet company signs up for hybrid electric planes [CNBC]

JetBlue Airways Corporation (JBLU) 
Last jetblue airways corporation earnings: 1/23 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.jetblue.com/investor-relations
Company Research Source: CNBC
Source: Zunum Aero A rendering of a hybrid electric plane design of Zunum Aero. JetSuite wants to be a launch customer. A JetBlue -backed private-jet company is making a bet on electric planes. JetSuite, which offers private charter flights, and semi-private scheduled service on its JetSuiteX planes, said Monday it will become the launch customer for up to 100 hybrid-to-electric planes from start-up Zunum Aero. Zunum Aero, which is backed by venture arms of both JetBlue and Boeing and Washington state's Clean Energy Fund, said the first batch of planes will seat 12 passengers and would be available in 2022. The company is planning ground tests this year and flight tests in 2019. Zunum and JetSuite share an investor in JetBlue, which is rethinking short-distance flights through its investments. Bonny Simi, president of JetBlue Technology Ventures, said the aim is to improve the experience of flights under 1,000 miles, with shorter trips t Show less Read more
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