Tuesday, August 13, 2024 Alaska Airlines invests in JetZero’s revolutionary blended-wing aircraft, aiming to slash fuel consumption and emissions while advancing sustainable aviation. Alaska Airlines has announced a strategic investment in JetZero, a groundbreaking company developing a blended-wing body (BWB) aircraft designed to reduce fuel consumption by up to 50% and lower emissions. This investment underscores Alaska’s dedication to advancing innovative technologies that will shape the future of aviation, supporting the airline’s journey toward achieving net zero carbon emissions.
Alaska was the first airline to invest in JetZero during its Series A funding last year. This investment, which also includes options for future aircraft orders, was made through Alaska Star Ventures (ASV), the airline’s investment arm focused on driving the future of the aviation industry. ASV’s mission is to identify and support technologies that will help Alaska meet its ambitious target of net zero carbon emissions by 2040.
This initiative is a key component of Alaska’s broader sustainability strategy, which also includes 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 industry,” said Diana Birkett Rakow , senior vice president of public affairs and sustainability at Alaska Airlines. “We are pro.