Agreements

Jet It and JetClub sign purchase agreement for eFlyer 800 becoming the launch customers for electric jet

Configuration consists of eight-seat, all-electric twin turboprop class airplane
Configuration consists of eight-seat, all-electric twin turboprop class airplane

The eFlyer 800 will have only one-fifth the operating costs of traditional twin turboprops and is geared for the air-taxi, air-cargo, regional and charter aircraft markets.

23 June 2021: Jet IT and JetClub recently became the launch customers for Bye Aerospace’ 8-seater all electric twin turboprop class airplane, the eFlyer800. Jet It and JetClub are fractional ownership sister companies in North America and Europe respectively. They have signed a purchase agreement for a fleet of eFlyer 800 aircraft and a number of eFlyer 800 purchase options, along with four eFlyer 4 airplane purchase deposits.

Glenn Gonzales, Jet It’s Founder and CEO said, “Jet It is about providing smart, cost-effective travel solutions, and people aim to remain on the leading edge of the innovations in how we experience travel. As an aviation company run by aviators, we believe electric propulsion is the next major innovation in air travel, and Bye Aerospace will be one of very few manufacturers able to certify an environmentally sustainable aircraft that meets the needs of our expanding customer base.”

Vishal Hiremath, JetClub’s Founder and CEO said, “Sustainability is a core pillar of the JetClub philosophy.  Innovation in this context aligns with our future vision for the group, which is toward resilient, zero emission and affordable private travel. While private aviation contributes only 0.04per cent of global emissions, we are working toward zero percent. The past two years of exponential growth of the brand in the US has shown us that business travel is essential to protect jobs and economies, but not at the expense of the environment. As passionate aviators, we are excited about finding solutions for the future of aviation. With the addition of the eFlyer 800 to our fleet, we take a leap forward in our sustainability goals.”

George E. Bye, Bye Aerospace CEO said, “The remarkable economy and flight performance from eFlyer 800 is ideal for Jet It, JetClub and their customers. The legacy aircraft in the charter air market have been solid performers, but those paving the way for aviation’s future are demanding greater flexibility and cleaner, more efficient, all-electric aircraft.” 

Performance estimates for the eFlyer 800 include up to 320 knot cruise speed, 35,000 feet ceiling and 500 nm range with 45-minute IFR reserves. Safety features include two wing-mounted electric motors, each with dual redundant motor windings, quad-redundant battery packs and a full airplane parachute.

Additional potential features include an emergency auto-landing system, artificial intelligence and an option for supplemental power solar cells and in-wheel electric taxi. The airplane’s configuration consists of up to seven passengers and one or two pilots. The eFlyer 800 will have only one-fifth the operating costs of traditional twin turboprops and is geared for the air-taxi, air-cargo, regional and charter aircraft markets. Bye Aerospace is targeting an FAA certification date in 2025 for the eFlyer 800.