Air Canada Joins the List of United Airlines, Mesa Air In Placing Order For Battery Powered Aircrafts - Saab (OTC:SAABY)

Air Canada ACDVF said it would buy electric planes for the first time by acquiring 30 battery-powered regional aircraft from Sweden-based Heart Aerospace.
The release did not disclose a value for the deal.
The revolutionary regional aircraft, expected to enter service in 2028, will generate zero emissions flying on battery power and yield significant operational savings and benefits.
Heart's electric-hybrid aircraft under development, dubbed ES-30, will have a capacity for up to 30 passengers and generate zero emissions when they enter service, expected in 2028.
The aircraft will be powered by lithium-ion batteries, quieter, have better operational parameters, and have a smaller environmental footprint.
It will also be equipped with reserve-hybrid generators that can use sustainable aviation fuel. Fully loaded, the ES-30 is projected to have an all-electric, zero-emission range of 200 km extendable to 400 km with power supplemented by the generators and up to 800 km if the load is restricted to 25 passengers.
Charging time for the aircraft is expected to be 30-to-50 minutes.
"Air Canada has taken a leadership position in the industry to address climate change. Introducing our fleet of the ES-30 electric regional aircraft from Heart Aerospace will be a step forward to our goal of net zero emissions by 2050," said Michael Rousseau, President & CEO of Air Canada.
Concurrently, Air Canada and Saab AB SAABF have each invested $5 million in Heart Aerospace.
Saab is a Swedish aerospace and defense company.
Previous orders for Heart Aerospace's ES-19 electric airplane were placed by United Airlines Holdings Inc UAL and Mesa Air Group Inc MESA for 200 electric aircraft with an option for an additional 100 planes.

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