Avolon will support the development of Airbus’ ZEROe Project after signing an agreement at Farnborough Airshow in the UK.
The two companies are set to investigate how hydrogen-powered aircraft could be financed and commercialised, and how they might be supported by a leasing business model. As a “leading global aviation finance company,” Avolon will help Airbus in exploring this.
H2 View understands that Avolon has ambitions to boast a fleet comprising of 75% new technology, lower emissions aircraft by the end of next year (2025).
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