Alaska Airlines has announced an investment in JetZero, a company developing a new blended wing body (BWB) aircraft designed to burn up to 50% less fuel and produce fewer emissions. The investment reflects Alaska’s commitment to advancing new technologies that will benefit the future of aviation, including those that will enable airlines to achieve net-zero carbon emissions. Alaska invested last year as part of JetZero’s Series A and is the first airline to do so.
The investment, which includes options for future aircraft orders, was made through Alaska Star Ventures (ASV), the airline’s investment arm whose goal is to influence the future of the aviation industry. ASV is focused on identifying and enabling the technologies that can help Alaska achieve its ambitious goal of net-zero carbon emissions by 2040. This initiative is part of Alaska’s comprehensive sustainability strategy, along with operational efficiency, fleet renewal, sustainable aviation fuel, waste reduction and electrified aircraft.
“At Alaska, we are always looking for ways to innovate and shape the future of air travel for our guests, employees and the industry,” said Diana Birkett Rakow, senior vice president of public affairs and sustainability for Alaska Airlines. “We are proud to invest in JetZero’s development of this innovative next-generation aircraft, which brings a significant advancement in fuel efficiency. We and JetZero share a vision for more sustainable aviation and are excited to work with them to shape that future.”
Alaska Air
