Electra.aero and flyv, a German company creating On-Demand Air Mobility solutions, have partnered to develop a customer-centric air mobility solution that will offer travellers quick and cost-effective routes between locations in underserved regional travel markets across Europe.
Under a Memorandum of Understanding (MOU), flyv will be Electra’s air mobility services partner in Europe and Electra will be flyv’s OEM partner for regional air mobility services in Europe and elsewhere, with a commitment by flyv to purchase of up to 100 Electra eSTOL aircraft.
The agreement raises Electra’s total purchase commitments to 280 aircraft. The two companies will jointly explore urban and regional networks to be served by flyv and collaborate on elements of eSTOL performance, economics, and passenger experience as well as joint marketing initiatives.
John S. Langford, Founder and Chief Operating Officer (CEO) of Electra.aero, said: “There is a gap in transportation services today between where ground transport is effective and where large transport aircraft are providing efficient service. We designed Electra’s eSTOL aircraft to fill that gap, providing a more sustainable transport option than cars or traditional aircraft for short and medium distance routes up to about 500 miles.
“We are delighted to be partnering with flyv to pair our aircraft technology with flyv’s innovative business model and flight scheduling technology to bring this transportation solution to customers.”
flyv is a novel airline focused on regional air mobility. In lieu of a traditional hub and spoke network, the flyv scheduling platform uses a proprietary algorithm to optimise the daily flight schedule based on paid bookings and operational constraints. flyv will provide customers with a guaranteed fixed travel timeframe to their destination at the point of booking, and exact itinerary details prior to departure.
Passengers will fly on Electra’s hybrid eSTOL aircraft, a fixed-wing plane that uses a unique combination of proven blown lift technology, hybrid-electric power, and distributed propulsion to operate on runways as small as 100x300ft.
The quiet, piloted plane delivers substantially lower emissions and operating costs than conventional aircraft. Batteries are recharged mid-flight, eliminating the need for ground charging infrastructure and enabling quick flight turnaround in diverse environments.
The flyv service will initially operate between airports and eventually provide point-to-point intercity travel, taking full advantage of the Electra eSTOL’s ability to take off and land in places previously inaccessible by flight.
Anton Lutz, Chief Executive Officer of flyv, said: “Traditional airlines are focused on capacity, not on demand. We’re building a new means of transport that is demand-driven and customer centric. We aim to connect unserved communities to as many other decentralised locations as possible by delivering the fastest means of transport from one point to another at market value-based prices.
“The economics were a challenge with conventional aircraft. The cost-effectiveness of Electra’s high-performance eSTOL aircraft is the puzzle piece that makes the flyv model work. Our partnership with Electra enables a micro-mobility solution that connects the unconnected into the global aviation network in a sustainable way, creating economic opportunities for both communities and customers.”