Electra Aero Order Book “Surpasses 2,000 Aircraft with Latest Commitments from JetSetGo, LYGG and Charm”
Electra Aero, a U.S‑based eSTOL (electric short takeoff and landing) aircraft manufacturer, announced this week over 2,000 pre-order sales with a market value exceeding USD8 billion, reports a press release.
The company passed this impressive milestone on January 19th when it signed a Letter of Intent (LOI) with JetSetGo Aviation at India’s Wings exhibition. This adds to other recent LOIs with U.S‑based LYGG and Finland’s Charm.
Purchasers are attracted to Electra’s eSTOL aircraft for its quick and easy take-off abilities, general flexibility, as well as offering the all-important sustainability. Whether facilitating short-distance flights from urban vertiports; covering longer journeys of up to 500 miles to regional airports; or flying adventure tours and medical missions to locations without ground infrastructure.
The companies Electra have recently signed LOIs with are impressive. JetSetGo has been covered recently by evtolinsights.com. This India-based private aviation company, led by co-Founder and CEO, Danika Tekriwal, is a first mover to embrace Advanced Air Mobility (AAM). Given the terrible road congestion Indian cities face, the country is primed for the green aviation revolution, assisted by a Government determined to be a global leader of this new industry.
Tekriwal commented, “Electra is the right partner with the right technology to make our UAM vision a reality. The company is committed to partnering with JetSetGo for the long term to grow regional transportation markets and help bring jobs and vital economic growth to communities in India.”
The Finnish LYGG “is an on-demand platform for regional flights mainly at airports outside metropolises in Nordic and European travel markets,” explains the release. “LYGG will offer its operators the purchase of Electra’s eSTOL planes through the Hybrid as a Service model, providing financing and profitability for operators.”
Roope Kekäläinen, CEO of LYGG, remarked, “Electra’s eSTOL capability allows us to rewrite the definition of direct connections for environmentally conscious business travellers using existing airfields closer to city centres, reducing valuable time spent in the air.”
Marc Ausman, Electra Chief Product Officer, added, “Our climate-friendly hybrid eSTOL aircraft will fly regional distances at reduced operating costs that enable LYGG to serve existing city to city regional routes as well as open up valuable new destinations.”
Charm, one of the largest helicopter tour operators in the Northeastern United States, aims to introduce Electra’s eSTOL aircraft to the heliports and vertiports of Manhattan. The craft can operate in the available space, require no charging infrastructure and provide a quieter, more cost-effective solution per seat mile than traditional helicopters and eVTOLs.
![Electra - eVTOL Insights](https://evtolinsights.s3.eu-west-2.amazonaws.com/wp-content/uploads/2024/01/24092629/Electra-2-1024x683.jpg)
Cait Ephraim, President of Charm Aviation, pointed out, “We can now offer travellers a much greater choice of travel destinations, while ensuring that we’re a good neighbour to our surrounding community with clean, safe flight operations.”
Ausman added, “Electra’s aircraft has the range to transform New York City’s heliports from urban flight terminals into regional transport hubs with direct flights to cities and smaller communities along the East Coast.”
The release continues, “Electra is currently developing a hybrid eSTOL aircraft to enable rapid, safe, and affordable transportation of both passengers and cargo within urban and regional networks. The plane’s unique ability to take off and land in spaces as small as a soccer field, coupled with a cruising speed of 175 knots and in-flight battery recharging, enables flight operations from places previously inaccessible by flight including converted parking lots, barges, and very short landing strips.”
Initially designed to accommodate up to nine passengers or 2,500 lbs of cargo, the piloted fixed-wing aircraft will cover distances of close to 500 miles in all weather conditions.
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(Top image: Credit — Electra Aero)