Wright Electric unveils its commercial electric plane business

 Gas is the biggest cost for airlines. The easiest way to reduce these costs? Don’t use gas at all. That was the pitch from Wright Electric, a startup building an commercial passenger plane that runs on batteries and can handle flights under 300 miles. These short-haul trips make up 30 percent of all flights and a $26 billion market. Today Wright Electric gave its first preview to the… Read More Post by startupsnows.blogspot.com