South Yorkshire invests in Hybrid Air Vehicles’ Airlander 10 production project

The £7m loan investment, approved by South Yorkshire’s Mayor Oliver Coppard and the South Yorkshire Mayoral Combined Authority (SYMCA), paves the way for Hybrid Air Vehicles to invest up to £310m into its production programme, which includes investing in facilities, talent and supply chains in South Yorkshire.

Airlander 10 is a hybrid aircraft that relies on a combination of buoyant lift from helium like an airship, aerodynamic lift like an aeroplane and vectored thrust like a helicopter. The ultra-low emissions aircraft can carry 100 passengers or ten tonnes of freight.

HAV’s plans will create over 1,200 new high value and highly skilled jobs in new green technologies, and further jobs and opportunities from growth across the company’s supply chains.

By 2026, the company aims to deliver the first completed orders to its customers and build 12 new Airlander 10 aircraft per year in Doncaster thereafter.

In a statement, Coppard said: “As our neighbours across the Atlantic have proved, investing in the potential of green technologies will not only help us tackle the climate emergency, it will help us create high quality new jobs and grow a bigger, better economy which takes everyone with it.