This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.
Rolls-Royce is one step closer to making an electric future for aviation a reality.
The British manufacturer’s aviation business is perhaps best known today for producing engines that propel planes like the Airbus A350 and Boeing 787. But, the company said, it’s committed to developing more environmentally-friendly means of getting around.
Sign up for the free daily TPG newsletter for more aviation news.
On Thursday, it announced a new single-engine plane, created to test a fully electric engine, that’s designed to be the fastest of its kind.
Late this spring Rolls-Royce plans to fly the new plane, which it’s deemed the ionBird, at record-breaking speeds in excess of 300 miles per hour.
“Building the world’s fastest all-electric aircraft is nothing less than a revolutionary step change in aviation,” Rob Watson, director of Rolls-Royce electrical said in a statement. “This is not only an important step towards the world-record attempt but will also help to develop Rolls-Royce’s capabilities and ensure that we are at the forefront of developing technology that can play a fundamental role in enabling the transition to a low-carbon global economy.”
In addition to the ionBird, Rolls-Royce is working on a number of other projects aimed reducing the aviation industry’s carbon footprint. It has partnered with Airbus to develop a hybrid-electric jet engine that could be used on single-aisle commercial aircraft, and is working with a Scandinavian regional airline to develop a fleet of all-electric commuter planes by 2030.
Featured image courtesy of Rolls-Royce.
covers the aviation industry for TPG. He previously worked for The New York Times.
You might like
Chase Sapphire Preferred® Card
WELCOME OFFER: 60,000 Points
TPG’S BONUS VALUATION*: $1,200
CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners
*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.
More Things to Know
- Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $750 toward travel when you redeem through Chase Ultimate Rewards®
- 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
Intro APR on Purchases
17.49% – 24.49% Variable
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.
Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.
Many of the credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers. Please view our advertising policy page for more information.
Editorial Note: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.