Alaska Air's (ALK) Arm Invests in JetZero to Cut Fuel Burn
Alaska Air(ALK) ZACKS·2024-08-15 14:02
Alaska Air Group’s (ALK) wholly owned subsidiary, Alaska Airlines, is making an investment in JetZero, a pioneering company developing a new blended-wing body or BWB aircraft designed to reduce fuel burn by up to 50% and significantly lower emissions.JetZero's BWB aircraft features an integrated wing-fuselage design that significantly reduces aerodynamic drag, potentially cutting fuel consumption by 50% compared to traditional designs. This reduction in fuel use can lower carbon emissions and operating cost ...