~20,000 aircraft are currently suitable for retrofitting with electric / hybrid propulsion technology
MONTE is seeking to pioneer the clean technology market and provide financing to support and facilitate the retrofitting of existing aircraft
MONTE is working with a number of global organisations that are pioneering the retrofitting of existing aircraft with zero emission propulsion technology.
Our current expectation is that the the technology to retrofit aircraft with these propulsion technologies will be approved and certified by 2025.
This conversion is expected to provide significant cost savings across fuel, maintenance and other operational costs.