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Universal Hydrogen and Air Nostrum Sign LOI for Hydrogen-Powered Turboprops

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Universal Hydrogen and Air Nostrum Sign LOI for Hydrogen-Powered Turboprops

Universal Hydrogen, the company fueling carbon-free flight, today announced it has signed a letter of intent (LOI) with Air Nostrum, a leading regional airline based in Valencia, Spain. This LOI furthers Air Nostrum’s initiative to provide its customers with environmentally-friendly flight options and reduce aviation’s contribution to global carbon emissions.

Under the agreement, Air Nostrum would purchase eleven of Universal Hydrogen’s turboprop conversion kits for use across its existing and future fleet. These kits encompass a hydrogen fuel cell and electric motor that replaces the aircraft’s existing turboprop engine. They also provide for compatibility with Universal Hydrogen’s modular hydrogen capsule technology that allows for the delivery of hydrogen to any airport without any purpose-built infrastructure. Alongside the aircraft conversions, Universal Hydrogen would become Air Nostrum’s long-term green hydrogen service provider. The conversion of Air Nostrum’s turboprop fleet to a Universal Hydrogen-powered, zero-carbon configuration would be concluded after an operational evaluation of the design and performance. The aircraft are expected to have equivalent or better unit economics compared to the existing fleet.

“We are thrilled by this flagship partnership with Air Nostrum to help decarbonize their fleet,” said Paul Eremenko, co-founder and CEO of Universal Hydrogen. “This bold step puts them in the vanguard of European regional airlines in taking meaningful action to reach true zero emissions.”

Over the past two decades, Air Nostrum has consistently prioritized environmental responsibility by reducing single-use plastics from in-flight services, separation of waste on its premises and on-board, and planting trees to offset their paper consumption. Universal Hydrogen’s carbon-free aviation solutions will significantly advance Air Nostrum’s sustainability goals while also providing operational efficiencies.

“Each day, our airline explores innovative solutions to provide a travel experience with minimal adverse impact on the environment,” says Carlos Bertomeu, President and CEO of Air Nostrum. “This partnership represents a unique opportunity to advance on the decarbonization of our flight operations with the practical and cost-effective application of green hydrogen fuel.”

This press release was sourced from Universal Hydrogen on 14-Jul-2021.