Alaska Airlines invests in JetZero’s BWB Aircraft, promising 50% fuel reduction and lower emissions.
Alaska Airlines has announced an investment in JetZero, a company developing a new blended-wing body (BWB) aircraft. This aircraft is expected to reduce fuel consumption by up to 50% and lower emissions. The investment underscores Alaska’s commitment to advancing aviation technology. Additionally, it supports the airline’s goal of achieving net-zero carbon emissions. Alaska participated in JetZero’s Series A funding round last year. Notably, it is the first airline to invest in JetZero.
Alaska Star Ventures (ASV), the airline’s investment arm, made the investment, which includes options for future aircraft orders. ASV’s mission is to influence the future of aviation. It targets technologies that support Alaska’s ambitious goal of net-zero carbon emissions by 2040. This investment complements Alaska’s broader sustainability strategy. The strategy incorporates operational efficiency, fleet renewal, sustainable aviation fuel, waste reduction, and electrified aircraft.
Diana Birkett Rakow, senior vice president of public affairs and sustainability at Alaska Airlines, said, “At Alaska, we are always looking for ways to innovate and shape the future of air travel for our guests, employees, and industry. We are proud to invest in JetZero’s development of this innovative next-generation aircraft, with a significant step-change in fuel efficiency. We and JetZero share a vision for more sustainable aviation, and we are excited to partner with them in creating that future.”
JetZero’s blended-wing body (BWB) aircraft features an innovative design that merges the wings and fuselage into a single, smooth shape. This design significantly reduces aerodynamic drag. Consequently, the BWB is expected to achieve a 50% reduction in fuel consumption compared to traditional tube-and-wing designs. As a result, the aircraft will likely lower carbon emissions and operating costs. Furthermore, the spacious interior allows for innovative seating arrangements, enhancing passenger comfort. Specifically, the aircraft promises a quieter and more enjoyable flying experience. Additionally, its unique shape will notably decrease weight and drag. Thus, the BWB offers substantial potential for a more sustainable future in aviation.
Tom O’Leary, CEO and co-founder, JetZero, said, “The biggest challenge for airlines is lowering fuel burn and emissions. Of all the great new technologies in work, the BWB design delivers the biggest impact by far. Airlines will see immediate benefit in cost savings, dramatically lower emissions and improved customer experience, compared to airplanes flying today. We’re thrilled to welcome Alaska to our team of innovators, and our belief that this aircraft will reshape aviation.”
Although the blended-wing body (BWB) design is not new, JetZero has demonstrated exceptional leadership. The company has collaborated closely with the United States Air Force, NASA, and the FAA. This collaboration aims to develop its revolutionary blended-wing aircraft. Consequently, JetZero is working to bring this innovative design to market.
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Q. – What is Alaska Airlines’ recent investment?
A. -Investment in JetZero.
Q. -What type of aircraft is JetZero developing?
A. -Blended-wing body (BWB) aircraft.
