American Airlines invests in firm aiming to supply hydrogen to planes

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American Airlines invests in firm aiming to supply hydrogen to planes
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American Airlines says it's investing in a company that hopes to supply hydrogen to planes.

FILE - American Airlines aircraft wait at gates at Phoenix Sky Harbor International Airport in Phoenix, on June 7, 2021. Derek Kerr might have the hardest job in the airline business. He's the chief financial officer of American Airlines, and that means it's his job to fix a balance sheet that has been battered by borrowing money so American could survive the pandemic.

Universal Hydrogen, based in Los Angeles, says it will build a distribution network to deliver hydrogen capsules in a way that avoids the need to build new refueling infrastructure at airports.

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