Manufacturers believe their own ability to respond to any production increase will generally require capital expenditure, according to consultants McKinsey.
The partnership is aimed at exploring the financing and commercialization of hydrogen-powered aircraft as part of Airbus’ ZEROe concept aircraft project.
The consortium includes sustainable aviation financier Clear Sky and detailed plans to support sustainable aviation fuel (SAF) developer Firefly Green Fuels.
Speaking with ATW at the Farnborough Airshow, CEO Campbell Wilson described the four airline integration as “probably unprecedented” in the aviation industry.