Innovations often come from small and young companies. Investments can be beneficial for large companies to become more modern. Which airlines use this tool?
Even if aircraft are becoming more modern and more economical. Even if the Internet on board has become almost normal. Although check-in and boarding are now increasingly digital, innovations in aviation are a little slower than in other industries. But which airlines do the most?
One way to accelerate investments is by investing in startups that are developing advanced technologies. Who does this and to what extent has been noticed at the Lufthansa Innovation Center for some time. The result is a ranking of airlines that invest the most in startups.
Only 30 investments total
But there are not many investment cases. Because: In 2023, there were only 30 by September — which isn’t really a lot when you take into account that the umbrella organization for airlines Iata has about 300 members, the Lufthansa Innovation Hub writes. With 25 airlines, only 8% of all IATA members have invested in a startup.
The startups that airlines have invested in have largely come from the fields of artificial intelligence and sustainability. But KLM in particular has a fairly diversified portfolio. The Dutch have also invested in 3D printing and textile production.
In the gallery above, you can see an overview of twelve airlines that have already invested money in startups this year. Clicking on the image opens the gallery in large format.
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