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U.K.eVolare, a subsidiary of UK-based operator Volare Aviation, has signed binding sale and purchase agreements for the acquisition of four Lilium Jets.
The agreements include delivery schedules, guarantees and warranties, along with deposits and pre-delivery payments. The parties have also agreed on terms for the reservation of up to an additional 12 Lilium Jet production slots for eVolare and its customers. eVolare plans to operate Lilium Jets in the London area, connecting with outer cities and the coastal areas of England.
The current agreements follow an initial firm agreement between Lilium and eVolare in 2022, as the parties have been working together to reinforce their relationship, develop a network of vertiports in the region and plan for operations of the aircraft upon entry into service of the Lilium Jet. This work has led to binding agreements with potentially up to 16 aircraft being deployed in the London area.
eVolare founder Dustin Dryden says: “It has been a great journey since our first agreement 18 months ago. Lilium’s ecosystem for eVTOL operations is fantastic: between its support and services organisation, Lilium Power-On, its regulatory support with authorities and its experience with ground infrastructure development, we fully trust Lilium to be the best eVTOL partner, and it led us to for the direct purchase of four Lilium Jets. eVolare wants to position itself as the leader of eVTOL in the UK, managing Lilium Jets for our customers but also operating the aircraft on a scheduled or chartered basis. This is just the beginning of a major revolution in regional air mobility.”
Lilium CCO Sebastien Borel adds: “eVolare has a vision, a detailed plan and a great knowledge of the vertical market; its expertise helps Lilium tremendously and the partnership is bearing fruit for both ends. The London area is a very important market and a great match for our aircraft range and capabilities. eVolare was our first customer to sign a binding order and we continue to grow together. I have no doubt that eVolare will make Lilium extremely successful in the UK.”