United Invests in Next Generation Blended Wing Aircraft Start-Up JetZero
Collaboration includes a path for United to purchase up to 200 airplanes1
JetZero's Z4 blended wing body or "all wing" design has the potential to enhance passenger experience and improve fuel efficiency by up to 50%2
JetZero was awarded a
JetZero's innovative design reduces drag and produces lift across the entire wingspan, which could lead to as much as 50% reduction in fuel burn per passenger mile compared to a similar sized aircraft. The technology could potentially help United lower its carbon emissions while reducing the cost of operations. In 2023, the U.S. Air Force announced a
"If successful, JetZero has the potential to evolve our core mainline business by developing aircraft with a bigger, more comfortable cabin experience for our customers while increasing fuel efficiency across our network," said
"United's investment in our company signals the industry's belief that new, innovative technology is needed in order to achieve the efficiency and cost savings that will be required to meet the continued growth in demand for air travel across the globe," said
Both the airplane's shape, and the way JetZero plans to enter the plane into service, address industry pain points. The design contributes to a more efficient operation due to its shape and the higher altitude at which it will fly. For instance, a flight from
The aircraft design has the potential to also offer improvements to the passenger experience like flexible seating options, larger seats across all classes and dedicated overhead bin space for each seat. Additionally, the design streamlines the boarding process with a main boarding door that is wider than that of a comparably sized aircraft, leading to multiple aisles and passenger cabin bays for more efficient passenger distribution. It may further enhance accessibility by featuring wider aisles and handicap-accessible lavatories, creating a comfortable travel environment for all passengers and in-flight crew.
JetZero's agreement with the Air Force focuses on advancing airframe technology and capabilities, showcasing its potential, and providing the Department of Defense and commercial industry more options to reduce fuel consumption and emissions. Several military aircraft configurations can be made with this design, including air transport and refueling tanker variants, which collectively account for approximately 60% of the Air Force's total annual jet fuel consumption.
United's corporate venture capital fund, United Airlines Ventures, enables the airline to invest in emerging companies that have the potential to influence the future of travel. UAV has made investments in start-ups developing innovative technologies that have the potential to revolutionize aerospace developments, create value for customers and United's operation and complement United's goal of net zero emissions by 2050. UAV has made a number of alternative aircraft investments including:
About JetZero
JetZero will deliver the world's first commercial all-wing design airplane. With up to 50% lower fuel burn compared to existing commercial airliners, JetZero's Z4 offers the aviation industry a clear path to delivering a 250 passenger airplane with 5,000 nautical mile range, using conventional engines while reducing its carbon footprint. Working alongside the US Air Force, NASA, and the FAA, and backed by decades of investment and research into blended-wing technology, JetZero looks to enter commercial service in 2030.
About United
At United, Good Leads The Way. With
Forward-Looking Statements and Other Important Information
This press release contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 relating to, among other things, plans and projections regarding the company's environmental, social or governance (ESG) goals, targets, commitments, strategies and initiatives and related business and stakeholder impacts. All statements that are not statements of historical facts are, or may be deemed to be, forward-looking statements. Such forward-looking statements are based on historical performance and current expectations, estimates, forecasts and projections about our future financial results, plans, objectives, goals, targets, commitments, strategies and initiatives and involve inherent risks, assumptions and uncertainties, known or unknown, including internal or external factors that could delay, divert or change any of them, that are difficult to predict, may be beyond our control and could cause our future financial results, plans, objectives, goals, targets, commitments, strategies and initiatives to differ materially from those expressed in, or implied by, the statements. These risks, assumptions, uncertainties and other factors include, among others, any failure to meet stated ESG goals, targets, commitments, strategies and initiatives in the time frame expected or at all as a result of many factors, including changing societal, market, competitive, regulatory or stakeholder expectations; any delay or inability of United Airlines to realize the expected benefits of the investment; and any delay or failure of any technology to be fully developed or become functional or marketable or to serve the purpose for which it was designed. No forward-looking statement can be guaranteed. Forward-looking statements in this press release should be evaluated together with the many risks and uncertainties that affect United's business and market, particularly those identified in the "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" sections in United's Annual Report on Form 10-K for the year ended
The statements included in this press release are made only as of the date of this press release and except as otherwise required by applicable law or regulation, United Airlines undertakes no obligation to publicly update or revise any statement, whether as a result of new information, future events, changed circumstances or otherwise. In particular, United Airlines reserves the right to change, amend, supplement or abandon some or all of the statements regarding goals, targets, commitments, strategies, initiatives, intentions and other statements from time to time without notice.
In addition, some of our disclosures in this press release are estimates or based on assumptions due to inherent measurement uncertainties.
1 Subject to a number of conditions, including United criteria and JetZero performance and milestones
2 Compared to a comparably sized tube-and-wing aircraft. Based on fuel burn per passenger mile.
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SOURCE United Airlines
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