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Britain backs greener air travel with $280 million funding package

Published by Uma Rajagopal

Posted on June 20, 2023

1 min read

· Last updated: February 1, 2026

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Passenger plane landing at London Luton Airport, symbolizing greener air travel funding - Global Banking & Finance Review
A passenger plane approaches London Luton Airport, highlighting Britain's commitment to greener air travel with a $280 million funding package aimed at developing eco-friendly aviation technologies.
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Britain backs greener air travel with $280 million funding package LONDON (Reuters) – Britain has announced 218 million pounds ($279 million) to help fund research into greener air travel, its minister for industry and economic security Nusrat Ghani will announce at the Paris Airshow on Tuesday. The financial package is being provided jointly by government […]

Britain backs greener air travel with $280 million funding package

LONDON (Reuters) – Britain has announced 218 million pounds ($279 million) to help fund research into greener air travel, its minister for industry and economic security Nusrat Ghani will announce at the Paris Airshow on Tuesday.

The financial package is being provided jointly by government and industry and will help develop more carbon-efficient landing gear, aircraft wings, engines and sensors, a government statement said.

($1 = 0.7822 pounds)

(Reporting by Sarah Young; editing by David Milliken)

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