AJW Group and Lilium N.V, to develop global material services and distribution for operations and Aftermarket Services by managing Lilium’s eVTOL spares inventory, logistics services, serving as the exclusive parts distributor.
AJW Group and Lilium N.V, the developer of the first all-electric vertical take-off and landing (eVTOL) jet, have entered into a strategic collaboration to develop global material services and distribution in support of Lilium Jet’s worldwide aircraft operations and Lilium’s Aftermarket Services Business. The partnership will encompass the management of Lilium’s eVTOL spares inventory, logistics services, repair and asset management, with AJW serving as the exclusive parts distributor for Lilium’s customers across the globe.
This collaboration aligns with AJW’s commitment to innovation in the next-generation aviation industry and supports Lilium’s goal of delivering competitive operating costs and superior parts availability, making material management a crucial component of Lilium’s Aftermarket Service Business.
The collaboration comes as Lilium initiates production of the Lilium Jet, which began in late 2023. Lilium obtained Design Organization Approval from the European Union Aviation Safety Agency (EASA), affirming Lilium’s capability to certify aircraft to the highest safety standards. With the Lilium Jet entering into service and the global fleet expanding, Lilium anticipates a material profit contribution in recurring revenue from its Aftermarket Service Business.
Scott Symington, Chief Commercial Officer, AJW Group said, “Innovation is one of our core values at AJW, deeply embedded in the fabric of our operations. We are driven to pioneer revolutionary products, strategically positioning the Group at the forefront of transforming aviation efficiency. Our partnership with Lilium marks a significant stride towards realizing this vision and steering the industry towards a more sustainable aviation future.”
The partnership between AJW Group and Lilium exemplifies a shared dedication to driving innovation, efficiency, and sustainability in the aviation sector. By combining AJW’s world-class expertise in material management with Lilium’s cutting-edge eVTOL technology, the collaboration aims to provide top-notch support solutions and contribute to the advancement of the aviation industry.
Sebastien Borel, Chief Commercial Officer, Lilium said, “We are delighted to announce this strategic collaboration with AJW Group. This is a very important step as we advance towards our planned entry into service in 2026 and a major milestone in the development of our strategic and comprehensive support offerings for our customers. AJW’s proven world-class expertise in material management and exemplary warehouse and logistics services align seamlessly with our commitment to excellence. Together, we look forward to driving innovation, efficiency, and sustainability in the aviation sector, showcasing our collective dedication to delivering cutting-edge solutions and supporting our customers with attractive unit economics.”
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As both companies work together to ensure the seamless operation of Lilium’s eVTOL fleet, customers can expect enhanced service quality, streamlined logistics, and a focus on sustainability in the rapidly evolving landscape of urban air mobility. This collaboration underscores the importance of strategic partnerships in advancing the development and support infrastructure for innovative aviation solutions like Lilium’s all-electric vertical take-off and landing aircraft.
Question –What does the partnership entail?
Answer –AJW will manage Lilium’s eVTOL spare parts inventory, logistics, and repairs, acting as their exclusive parts distributor globally.
Question –Why is this partnership significant?
Answer – It supports Lilium’s goal of competitive operating costs and superior parts availability for their eVTOL jets, it aligns with AJW’s commitment to innovation in the next-generation aviation industry and it contributes to the advancement of the aviation industry through combined expertise.
Question – What are the expected benefits for customers?
Answer – Enhanced service quality, streamlined logistics, and a focus on sustainability in urban air mobility. Support for the operation of Lilium’s eVTOL fleet with attractive unit economics.
Note– MRO Business Today is the Principal Media Partner of the 5th MRO SOUTH ASIA SUMMIT 2024 co-located with the MRO XPO INDIA & AIRCRAFT INTERIORS INDIA 2024 to be held on 27,28 & 29 February 2024 at the Le Méridien New Delhi, India.
