June 13th, 2025
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JetZero, a company based in California, plans to build a new factory in North Carolina to make its next-generation passenger plane. This project could create more than 14,500 jobs in the region over the next ten years. The company intends to invest $4.7 billion in a factory at Greensboro's airport to produce its Z4 aircraft. This plane has a special wing design that is expected to use up to 50% less fuel than traditional airliners. United Airlines and Alaska Airlines have already invested in the project and have made agreements to buy the planes if they are built. The project also includes a research center for new materials. It could receive over $2.35 billion in financial support from the state and local government by the 2060s. JetZero aims to have its planes flying by the early 2030s, with a production rate of 20 aircraft per month. Initially, the company will focus on a commercial plane with about 250 seats that can fly 5,000 nautical miles.
June 13th, 2025
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