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Lilium has appointed Dubai-based aircraft broker ArcosJet DMCC as the exclusive authorised dealer for private sales of the eVTOL Lilium Jet in the UAE, Israel and the Republic of Cyprus. The agreement includes a commitment fee payment to Lilium.
ArcosJet and Lilium intend to reveal further details of their partnership at this year's Dubai Airshow, which is taking place from 13-17 November. They also plan to showcase the Lilium Jet at the event.
“At ArcosJet, we appreciate Lilium's mission as we see tremendous potential in the emerging eVTOL market, especially for jet-powered aircraft, and we are grateful that Lilium is partnering with us. We are sure that combining our experience in selling conventional aircraft with the economic and sociodemographic characteristics of UAE, Israel and the Republic of Cyprus can result in the region becoming a leader in the sales and operation of the revolutionary Lilium Jet,” says founder and CEO Mikhail Alenkin.
Lilium CCO Sebastien Borel adds: “The Middle East offers tremendous opportunity for eVTOLs, and we are proud to add a reliable and experienced partner to sell and operate the Lilium Jet in the region. ArcosJet has an impressive portfolio of successful deals, profound knowledge within aircraft fleet management and a huge network of industry connections to help drive firm orders of our eVTOL jet. A new era of sustainable aviation is coming, and we are proud to be blazing the trail here alongside our new partners who support our aspirations toward new technologies and markets.”
The first manned flight for the type-conforming Lilium Jet is scheduled for late 2024, with type certification expected in late 2025 and deliveries to begin in 2026.