Finance
Airbus postpones development of new hydrogen aircraft
Published by Global Banking and Finance Review
Posted on February 7, 2025
1 min readLast updated: January 26, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on February 7, 2025
1 min readLast updated: January 26, 2026
Airbus delays its hydrogen aircraft plans due to slower tech progress, impacting its 2035 emissions target.
PARIS (Reuters) - Airbus said on Friday it is delaying plans to develop a hydrogen-powered commercial aircraft by the middle of next decade, citing slower than expected developments in technology.
The delay marks a setback to the European aerospace group's ambitions to pioneer the adoption of hydrogen fuel as aviation strives to curtail emissions, a goal strongly championed by CEO Guillaume Faury since it was first introduced five years ago.
Airbus did not give a new timeline for the project, but the Force Ouvriere union said that staff had been told earlier this week that the technology was running five to 10 years behind the pace needed to support the original 2035 target.
The delay was first reported by French news agency AFP.
(Reporting by Tim Hepher; Editing by Susan Fenton)
The main topic is Airbus delaying its hydrogen-powered aircraft development due to slower technology advancements.
Airbus cites slower than expected technology developments as the reason for the delay.
The original target year for the hydrogen aircraft was 2035.
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