Eviation Aircraft and Solyu have signed an LOI for 25 of its all-electric commuter Alice aircraft, with options for an additional 25 marking total orders amounting to US$ 5 billion for Eviation.
Eviation Aircraft, a pioneer in all-electric aircraft manufacturing, has scored a significant win in the sustainable aviation sector as South Korean leasing firm Solyu signs a Letter of Intent (LOI) for 25 of its all-electric commuter Alice aircraft, with options for an additional 25. This partnership represents a step towards a more sustainable future in aviation, with Solyu offering financing and leasing solutions for the Alice aircraft to operators worldwide. This order marks a significant milestone for Eviation’s Alice aircraft, which has now secured orders amounting to US$ 5 billion.
Eddie Jaisaree, Vice President of Commercial Sales, Eviation said, “Solyu’s order is a testament to how lessors are embracing Alice as the future of flight. The leasing community is an important constituent in bringing about sustainable change in the aviation industry. It is exciting to see a forward-thinking company such as Solyu recognizing Alice’s zero carbon technology, economic viability, and beautiful design.”
The Eviation Alice, capable of carrying nine passengers, holds the distinction of being the world’s first flight-proven all-electric commuter aircraft. Designed from the ground up, it incorporates magniX’s cutting-edge electric propulsion system. The Alice aircraft is notable for producing zero carbon emissions and boasts lower operating costs per flight hour compared to conventional light jets or high-end turboprops. This cost-efficiency opens the door to activating new routes and enhancing the overall convenience of air travel.
Andrew Claerbout, President, Solyu said, “We are very excited to work with Eviation to bring sustainable aviation to the market. With aviation regulations focusing on sustainability and airlines demanding to reduce their carbon footprint, we see Alice as a major contributor to meeting those targets. In addition to its zero emissions, Alice’s flexible layout and low operating costs will provide operators opportunities to open new markets.”
The aviation industry is undergoing a transformation toward sustainability, with electric aircraft being at the forefront of this revolution. The partnership between Eviation and Solyu signals a commitment to making air travel more environmentally friendly and economically viable, setting a course for a greener aviation future.
Gregory Davis, CEO of Eviation said, “As we continue to take important steps toward certification, Alice has now secured US$ 5 billion in orders. It is gratifying to see the marketplace so excited about Alice’s innovative design, low cost of operation, and environmental credentials. We are delighted to have Solyu, our newest leasing customer, join us in our mission to lead the electric age of aviation.”
Eviation Aircraft, headquartered in Washington State, U.S., specializes in developing and manufacturing electric aircraft designed to offer operators and passengers eco-friendly, cost-efficient, and convenient regional transportation. The company’s electric propulsion units, high-energy-density batteries, mission-driven energy management, and innovative airframe are all tailored for electric flight.
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Solyu, based in Seoul, South Korea, is a leasing company with a focus on providing the latest technology in zero-emissions aircraft to its customers. The team at Solyu boasts decades of global experience in aircraft leasing and finance.
