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JetSuite Plans to Fly Hybrid-Electric Planes by 2022

May 22, 2018
2 min read
Zunum-JetSuite-May2018-FINAL
JetSuite Plans to Fly Hybrid-Electric Planes by 2022
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JetSuite has lost no time putting its Qatar investment money to good use: On Monday, aviation startup Zunum Aero announced that the private jet charter company will be its inaugural customer for a new hybrid-electric aircraft, with an estimated delivery date sometime in 2022. While no financial details were released, JetSuite could potentially commit to purchase up to 100 planes from Zunum Aero.

Zunum Aero's aircraft for JetSuite will primarily be built of composite materials. Two engines mounted just in front of the distinctive V-tail will be powered by "Tesla-style" electric propulsion packs located to the rear of the passenger cabin, which will allow the Zunum Aero plane to carry relatively little fuel over the aircraft's anticipated range of 700 miles.

The Zunum Aero's 340 mph cruise speed is almost 10% faster than similarly sized commercial planes currently in use, such as Pilatus and King Air aircraft. Because the Federal Aviation Administration (FAA) requires two pilots for 10 or more passengers on commercial aircraft, the initial 12-passenger design will most likely be modified to seat nine passengers.

Planes this size typically serve private charter companies like JetSuite that offer on-demand air taxi services between neighboring cities for business executives who prefer to fly in and out of smaller airports to avoid the hassle of commercial travel.

Zunum Aero CEO Ashish Kumar believes his innovative aircraft will make private aviation more accessible to a wider sector of the population. Kumar, an aerospace engineering Ph.D who previously held senior executive roles with Google and Microsoft, estimates the Zunum Aero will cost around $250 per flight hour to operate. In comparison, non-electric planes currently in use average between $600–1,000 per flight hour in operations costs.

https://vimeo.com/270392646/bd1d6d4d19

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Kumar sees the JetSuite aircraft as its first in a range of hybrid-electric designs, including a plane that can carry between 30 to 50 passengers. The ambitious aviation startup is also joining the ranks of companies developing autonomous flying aircraft. The company is backed by investors including HorizonX, Boeing's venture capital subsidiary, as well as the state of Washington.

All images by Zunum Aero.

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Why We Chose It

There’s a lot to love about the Amex Gold. It’s a fan favorite thanks to its fantastic bonus-earning rates at restaurants worldwide and at U.S. supermarkets. If you’re hitting the skies soon, you’ll also earn bonus Membership Rewards points on travel. Paired with up to $120 in Uber Cash annually (for U.S. Uber rides or Uber Eats orders, card must be added to Uber app and you can redeem with any Amex card), up to $120 in annual dining statement credits to be used with eligible partners, an up to $84 Dunkin’ credit each year at U.S. Dunkin Donuts and an up to $100 Resy credit annually, there’s no reason that foodies shouldn’t add the Amex Gold to their wallet. These benefits alone are worth more than $400, which offsets the $325 annual fee on the Amex Gold card. Enrollment is required for select benefits. (Partner offer)

Pros

  • 4 points per dollar spent on dining at restaurants worldwide and U.S. supermarkets (on the first $50,000 in purchases per calendar year; then 1 point per dollar spent thereafter and $25,000 in purchases per calendar year; then 1 point per dollar spent thereafter, respectively)
  • 3 points per dollar spent on flights booked directly with the airline or with amextravel.com
  • Packed with credits foodies will enjoy
  • Solid welcome bonus

Cons

  • Not as useful for those living outside the U.S.
  • Some may have trouble using Uber and other dining credits
  • You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $6,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
  • Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
  • Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
  • Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
  • Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
  • Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
  • $120 Uber Cash on Gold: Add your Gold Card to your Uber account and get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an American Express Card for your transaction. That’s up to $120 Uber Cash annually. Plus, after using your Uber Cash, use your Card to earn 4X Membership Rewards® points for Uber Eats purchases made with restaurants or U.S. supermarkets. Point caps and terms apply.
  • $84 Dunkin' Credit: With the $84 Dunkin' Credit, you can earn up to $7 in monthly statement credits after you enroll and pay with the American Express® Gold Card at U.S. Dunkin' locations. Enrollment is required to receive this benefit.
  • $100 Resy Credit: Get up to $100 in statement credits each calendar year after you pay with the American Express® Gold Card to dine at U.S. Resy restaurants or make other eligible Resy purchases. That's up to $50 in statement credits semi-annually. Enrollment required.
  • $120 Dining Credit: Satisfy your cravings, sweet or savory, with the $120 Dining Credit. Earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, and Five Guys. Enrollment required.
  • Explore over 1,000 upscale hotels worldwide with The Hotel Collection and receive a $100 credit towards eligible charges* with every booking of two nights or more through AmexTravel.com. *Eligible charges vary by property.
  • No Foreign Transaction Fees.
  • Annual Fee is $325.
  • Terms Apply.