United Airlines endows Swedish electric-plane firm Heart Aerospace
Wed, Jul 14, 2021 7:36 AM

United Airlines endows Swedish electric-plane firm Heart Aerospace

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United Airlines plans to invest in a startup that is building electric-powered aircraft and might buy 100 of the small planes. The airline denied on Tuesday to mention the funding it will put into Sweden-based Heart Aerospace. Heart vows to produce and win regulatory approval of its ES-19 design by 2026. United said the plane “has the potential” to carry passengers short distances by decade end.

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