Tag: Derek Kerr

American Airlines Names Devon May Chief Financial Officer

American Airlines Group Inc. today announced that Devon May has been named Chief Financial Officer following a long-planned succession process. May, who is currently the airline's senior vice president of Finance and Investor Relations, will assume the CFO role effective Jan. 1, 2023. He will ...

American Airlines Makes Equity Investment in Universal Hydrogen

American Airlines today announced its strategic equity investment in Universal Hydrogen Co., a company building a green hydrogen distribution and logistics network for aviation. The investment supports American’s science based targets to reduce greenhouse gas (GHG) emissions by 2035, and ulti...

American Airlines Announces Agreement to Purchase Boom Supersonic Overture Aircraft

American Airlines and Boom Supersonic today announced the airline’s agreement to purchase up to 20 Overture aircraft, with an option for an additional 40. American has paid a non-refundable deposit on the initial 20 aircraft. Overture is expected to carry passengers at twice the speed of today...

American Airlines Announces Investment in Hydrogen-Electric Engine Developer ZeroAvia

American Airlines today announced its investment in ZeroAvia, a leader in hydrogen-electric, zero-emission aviation. In addition to the investment, a memorandum of understanding provides American the opportunity to order up to 100 engines from ZeroAvia’s hydrogen-electric powertrain development...

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