At the Farnborough International Airshow, a heavily modified Saab 340B turboprop quietly achieved a breakthrough that the commercial aviation sector has long viewed as a distant dream. Operating above 30,000 feet, a megawatt-class hybrid-electric propulsion system sustained flight for over two hours.
For GE Aerospace (NYSE: GE), this successful collaboration with NASA and Boeing (NYSE: BA) validates the engineering viability of high-voltage, high-altitude hybrid commercial flight.
