EADS And Siemens Enter Long-Term Research Partnership,
Sign MoU With Diamond Aircraft On Electric Propulsion System

EADS and Siemens are entering into a longterm research partnership to introduce new electric propulsion systems that could help airlines lower their fuel bills and drive environmental performance.

Together with their partner, Austria-based Diamond Aircraft, the companies are showcasing a second generation serial hybrid electric airplane at Le Bourget.

Total fuel costs will amount to a third of operating expenses of the airline industry this year, according to the International Air Transport Association (IATA). Air transport as a whole currently emits 2 percent of global carbon dioxide emissions and is set to increase to 3 percent by 2050, according to the Intergovernmental Panel on Climate Change (IPCC).