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Stock impact report

The aviation industry is looking for its own Tesla [Yahoo! Finance]

United Airlines Holdings, Inc. (UAL) 
Last united airlines holdings, inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.united.com
Company Research Source: Yahoo! Finance
That makes an industry goal to reach net zero emissions by 2050 all the more elusive, energy experts say. "Aviation is really hard to decarbonize," Samantha Gross, director of energy security and climate initiative at the Brookings Institution, told Yahoo Finance. "You're never going to see a battery-powered 737 [plane] because batteries are heavy." That's why the industry is working on a number of green energy solutions like sustainable fuels for larger, long-distance aircraft. Meanwhile, electrifying small planes and helicopters is also on the horizon. To date, a handful of startups have made strides toward the electrification of air travel . And their initiatives are attracting investments from manufacturing, airlines, and auto giants. United Airlines ( UAL ) has a $1 billion agreement with Archer Aviation ( ACHR ) signed several years ago to purchase up to 200 of the startup's vertical takeoff and landing vehicles, or eVTOLs. Prior to the United deal, the California-based Show less Read more
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