American Airlines Signs Conditional Purchase Agreement With ZeroAvia for 100 Hydrogen-Electric Engines-March 2024-www.financetom.com

American Airlines Signs Conditional Purchase Agreement With ZeroAvia for 100 Hydrogen-Electric Engines

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American Airlines Signs Conditional Purchase Agreement With ZeroAvia for 100 Hydrogen-Electric Engines

Jul 2, 2024 6:08 AM

08:47 AM EDT, 07/02/2024 (MT Newswires) -- American Airlines Group ( AAL ) said Tuesday it has signed a conditional purchase agreement with ZeroAvia for 100 hydrogen-electric engines.

Financial terms of the agreement weren't disclosed.

American Airlines ( AAL ) also has raised its investment in ZeroAvia by participating in the company's series C funding round, the carrier added.

The two companies signed a memorandum of understanding in 2022, American Airlines ( AAL ) said.

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