Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > Fortum actively participating in developing electric aviation in Finland
    Top Stories

    Fortum actively participating in developing electric aviation in Finland

    Fortum actively participating in developing electric aviation in Finland

    Published by Gbaf News

    Posted on June 20, 2018

    Featured image for article about Top Stories

    Fortum is participating in the Helsinki Electric Airplane Association’s project that is testing an electrically-powered airplane.

    The first serial produced electric airplane purchased in Finland, the Pipistrel Alpha Electro, is scheduled to take its maiden flight in Finland on 31 July 2018 at 10 a.m. at the Helsinki-Malmi Airport.

    “We believe that the electrification of transportation is one of the most effective ways to reduce carbon dioxide emissions. We have been a pioneer in the development and expansion of the charging infrastructure for electric vehicles in the Nordic countries. Now we want to apply the experience we’ve gained about the EV charging infrastructure in the development of the rapidly evolving electric aviation,” says Heli Antila, Chief Technology Officer, Fortum.

    The use of electricity in aviation reduces emissions into the atmosphere and noise around airports. The solution is to use fully electric motors in small airplanes and hybrid technology in bigger passenger airplanes.

    “By participating in this first electric airplane project in Finland, we will gain valuable knowledge about the charging of electric airplane batteries, battery life and power consumption during the different phases of flying. We can apply this information in the development and building of the aviation infrastructure,” says Project Manager TapioPoutiainen from Fortum.

    In addition to collecting research data, the Pipistrel Alpha Electro electric airplane will be used diversely in pilot training.

    “Because an electric airplane is cheaper to use compared to conventional airplanes, it enables more people to enrol in flight school – those who are enthusiasts or those who are dreaming of a piloting career. Based on some estimates, the use of an electric airplane in flight school could decrease the cost of the training by up to one third,” says JanneVasama from the Helsinki Electric Airplane Association.

    Fortum is participating in the Helsinki Electric Airplane Association’s project that is testing an electrically-powered airplane.

    The first serial produced electric airplane purchased in Finland, the Pipistrel Alpha Electro, is scheduled to take its maiden flight in Finland on 31 July 2018 at 10 a.m. at the Helsinki-Malmi Airport.

    “We believe that the electrification of transportation is one of the most effective ways to reduce carbon dioxide emissions. We have been a pioneer in the development and expansion of the charging infrastructure for electric vehicles in the Nordic countries. Now we want to apply the experience we’ve gained about the EV charging infrastructure in the development of the rapidly evolving electric aviation,” says Heli Antila, Chief Technology Officer, Fortum.

    The use of electricity in aviation reduces emissions into the atmosphere and noise around airports. The solution is to use fully electric motors in small airplanes and hybrid technology in bigger passenger airplanes.

    “By participating in this first electric airplane project in Finland, we will gain valuable knowledge about the charging of electric airplane batteries, battery life and power consumption during the different phases of flying. We can apply this information in the development and building of the aviation infrastructure,” says Project Manager TapioPoutiainen from Fortum.

    In addition to collecting research data, the Pipistrel Alpha Electro electric airplane will be used diversely in pilot training.

    “Because an electric airplane is cheaper to use compared to conventional airplanes, it enables more people to enrol in flight school – those who are enthusiasts or those who are dreaming of a piloting career. Based on some estimates, the use of an electric airplane in flight school could decrease the cost of the training by up to one third,” says JanneVasama from the Helsinki Electric Airplane Association.

    Related Posts
    Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Top Stories

    Explore more articles in the Top Stories category

    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews

    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews

    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust

    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust

    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference

    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

    Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

    View All Top Stories Posts
    Previous Top Stories PostStaff take the long, scenic route to work…
    Next Top Stories PostNOT like father, like son