May 27, 2018 in cost to operate jets Private Aircraft

Breaking News – Boeing-backed, hybrid-electric plane to hit market in 2022

A Seattle-area startup, backed by the venture capital arms of Boeing Co and JetBlue Airways Corp announced plans on Thursday to bring a small hybrid-electric commuter aircraft to market by 2022.The small airliner is the first of several planes planned by Zunum Aero, which said it would seat up to 12 passengers and be powered by two electric motors, dramatically reducing the travel time and cost of trips under 1,000 miles (1,600 km).Zunum's plans and timetable underscore a rush to develop small electric aircraft based on rapidly evolving battery technology and artificial intelligence systems that avoid obstacles on a road