Western nations urged to subsidise emissions-free aircraft

Western nations need to offer more subsidies to encourage the airline industry to switch to electric-powered planes, according to one of the leading emissions-free start-ups. Anders Forslund, CE and co-founder of Heart Aerospace in Sweden, said airlines were generally too focused on short-term profitability and needed countries to follow the likes of Norway, which aims to electrify all domestic flights by 2040. “Governments are the ones making the rule book,” Forslund said. “There must be an economic incentive for airlines to take on this leadership. It needs a push, and it needs the push now.” Heart, a start-up based in Gothenburg on Sweden’s west coast, is developing a 30-seater regional aircraft for 2028 and has firm orders for 230 planes from United Airlines and Mesa Airlines in the US as well as Air Canada. Other airlines including SAS, BRA and Icelandair in the Nordics have signed letters of intent for the aircraft, while Air Canada and Swedish defence company Saab became shareholders in September. Heart recently changed its plans from a pure electric 19-seater to a larger hybrid aircraft, which will use sustainable aviation fuel to power its reserve system needed for emergencies, something that extends its range to 800km from 200km if solely using batteries. Forslund pointed to public service mandates in the US and Norway as something necessary to help develop such a regional electric plane. “The reason it works in Norway is subsidies. The fact that they’re rich is that they can pay the premium, just like they did in electric cars,” he said, noting that the success of Tesla’s Model S led to it developing the cheaper Model 3. Heart is not just touting the zero-emissions potential for its plane but also the lower noise it produces on take-off and landing. <br/>
Financial Times
https://www.ft.com/content/0795c6a5-546a-46ff-9421-49db1751e027
1/15/23