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United Airlines to purchase 100 electric planes from Heart Aerospace
United Airlines upgrades in-flight experience
As part of its largest order ever for 270 Boeing and Airbus jets, United Airlines will undertake a nose-to-tail transformation of its fleet and offer a new and improved in-flight experience for passengers.
United Airlines is placing a new bet on electric air travel as part of its goal to reduce its greenhouse gas emissions 100% by 2050.
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The company's investment arm, United Airlines Ventures (UAV), as well as its partners Breakthrough Energy Ventures (BEV) and Mesa Airlines, have announced a new investment in Gothenburg, Sweden–based electric aircraft startup Heart Aerospace, which will fast track the development of its ES-19 electric aircraft to begin commercial service by 2026.
UNITED AIRLINES HOLDINGS, INC.
A United spokesperson declined to disclose the financial terms of the investment. Heart Aerospace CEO Anders Forslund confirmed to FOX Business that the startup raised a total $35 million from investors in its latest funding round.
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In addition to the investment, United has conditionally agreed to purchase 100 ES-19 aircraft, once the aircraft meets the airline's safety, business and operating requirements. Mesa Airlines, United's key strategic partner in bringing electric aircraft into commercial service, has also agreed to add 100 ES-19 aircraft to its fleet, subject to similar requirements.