FILE PHOTO: A flag waves as a plane flies in the background in Washington, D.C., U.S., May 25, 2025. REUTERS/Ken Cedeno/File Photo
(Reuters) -U.S. aircraft startup JetZero, which has secured investments from United Airlines and Alaska Airlines, will invest $4.7 billion over a decade on a production facility and headquarters in North Carolina, the state said on Thursday.
The deal contains more than $1.1 billion in state performance incentives that would be paid over nearly 40 years and are contingent on JetZero creating over 14,000 jobs between 2027 and 2036, a state representative said.
