Two companies announce plans to become the Tesla of the air

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WHY THIS MATTERS IN BRIEF

  • Airlines have been dreaming about electric passenger aircraft for decades, and now the technology is improving we might see the first electric passenger aircraft appear by 2030


 

Hot on the heels of Rolls Royce’s CEO announcing that he thinks the future of flight is electric, and Dubai rolling out their own electric, autonomous Sky Taxi service in July this year, EasyJet, a low cost budget airline operating out of the UK, has partnered with Wright Electric, a European upstart with the dream of building the first electric passenger aircraft. Between them the pair hope that within a decade they’ll be able to launch a greener electric jet to take passengers between London and Paris by 2027.

 

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As well as being one of the world’s biggest culprits, when it comes to pollution, aviation fuel is also horribly expensive, and even though airline companies hedge their bets and bulk buy fuel when it’s “cheap” the fact remains that a big move in oil prices can wipe out an airlines profit in the blink of an eye.

As far as EasyJet is concerned this is just prudent planning – not only does it give them a chance to dramatically reduce the cost of flying, and give pollution a kick in the gut along with it, but over the long term they’ll be able to offer passengers cheaper airfares which will make them more competitive in the market.

But the project is not without its risks, Wright co-founder Jeff Engler has admitted, if battery technology doesn’t advance quickly enough the plane may have to have a hybrid engine, rather than full electric. Even so though, the aircraft should still be more efficient and environmentally friendly that what’s currently in the air.

“Easyjet has had discussions with Wright Electric and is actively providing an airline operator’s perspective on the development of this exciting technology,” said EasyJet in a statement.

 

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However, given the fact that electric cars have taken decades to develop are only just becoming a “luxury” reality, don’t expect electric planes to be taking off anytime soon, as Engler says:

Tesla was founded back in 2003 and only really became a household name in 2012 with the Model S. It’s going to take an airplane company just as long, if not longer. We have to get started!”

But at least, between Rolls Royce, EasyJet and Wright Electric, they’ve started…

About author

Matthew Griffin

Matthew Griffin, Futurist and Founder of the 311 Institute is described as “The Adviser behind the Advisers.” Among other things Matthew keeps busy helping the world’s largest smartphone manufacturers ideate the next five generations of smartphones, and what comes beyond, the world’s largest chip makers envision the next twenty years of intelligent machines, and is helping Europe’s largest energy companies re-invent energy generation, transmission and retail.

Recognised in 2013, 2015 and 2016 as one of Europe’s foremost futurists, innovation and strategy experts Matthew is an award winning author, entrepreneur and international speaker who has been featured on the BBC, Discovery and other outlets. Working hand in hand with accelerators, investors, governments, multi-nationals and regulators around the world Matthew helps them envision the future and helps them transform their industries, products and go to market strategies, and shows them how the combination of new, democratised, powerful emerging technologies are helping accelerate cultural, industrial and societal change.

Matthew’s clients include Accenture, Bain & Co, Bank of America, Blackrock, Booz Allen Hamilton, Boston Consulting Group, Dell EMC, Dentons, Deutsche Bank, Deloitte, Deutsche Bank, Du Pont, E&Y, Fidelity, Goldman Sachs, HPE, Huawei, JP Morgan Chase, KPMG, Lloyds Banking Group, McKinsey & Co, PWC, Qualcomm, Rolls Royce, SAP, Samsung, Schroeder’s, Sequoia Capital, Sopra Steria, UBS, the UK’s HM Treasury, the USAF and many others.

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