Straightline Aviation to Buy $480mn Lockheed Martin Hybrid Airships for Oil & Gas Cargo Transport

Officials at Straightline Aviation (SLA), an aviation-services company in Stourbridge, England, have signed a letter of intent to purchase up to 12 Lockheed Martin Hybrid Airships with a potential value of approximately $480 million, from Hybrid Enterprises, Lockheed Martin’s Hybrid Airship reseller.

“We are delighted to be first in line with this magnificent aircraft that is going to dramatically change the way cargo is moved around the world,” explains Mike Kendrick, SLA co-founder and chief executive officer, who previously worked for Richard Branson’s Virgin Airship & Balloon Co.

“The clear-cut economic and environmental advantages of these Hybrids are attracting vast amounts of attention from a wide-range of potential end users.”

The Hybrid Airship, with a tri-lobe shape and air cushion landing system, can affordably transport cargo and passengers to and from the most remote locations. They require little or no fixed ground infrastructure and burn significantly less fuel compared to conventional aircraft, making them an environmentally friendly solution to remote cargo delivery.Read more