JetSetGo Signs LOI, “Orders 50 Overair Butterfly eVTOL Aircraft for Indian Market”

India’s largest jet provider, Jet­Set­Go, has signed a Let­ter of Intent (LOI) with Overair, to pur­chase 50 But­ter­fly eVTOL air­craft, reports a press release. Overair is the only eVTOL man­u­fac­tur­er to date, select­ed by Jet­Set­Go, for its pro­posed USD1.3 bil­lion AAM invest­ment.

Overair will also sup­port JetSetGo’s upcom­ing AAM ecosys­tem with infra­struc­ture advise­ment, pilot train­ing, infra­struc­ture and soft­ware inte­gra­tion, oper­a­tional guid­ance and ver­ti­port soft­ware inte­gra­tion.

Valerie Man­ning, COO at Overair, com­ment­ed, “But­ter­fly will pro­vide a safe, qui­et and effi­cient mobil­i­ty solu­tion for urban and region­al trans­port across the broad­est range of weath­er con­di­tions and geo­graph­ic envi­ron­ments. In addi­tion, the asso­ci­at­ed advanced air mobil­i­ty ecosys­tem will cre­ate a mul­ti­tude of jobs and assist eco­nom­ic growth.”

Valerie Man­ning

This announce­ment came along­side oth­er deals with Hori­zon Air­craft and Electra.aero dur­ing the recent Wings India 2024, a major Asian civ­il avi­a­tion event, locat­ed at Begum­pet air­port in Hyder­abad, Telan­gana.

Kani­ka Tekri­w­al, JetSetGo’s co-Founder and CEO, remarked, “Our part­ner­ship with these three lead­ing inno­va­tors will intro­duce unique tech­nolo­gies like ‘blown lift’ and ‘fan-in-wing’ lift sys­tems, hybrid and elec­tric propul­sion, and super-qui­et opti­mal speed tilt rotors to India.”

She con­tin­ued, “We want to lead the trans­for­ma­tion of urban and region­al con­nec­tiv­i­ty and believe we have the right part­ners and tech­nolo­gies to make this vision a real­i­ty. The scale of the agree­ments we’ve signed this week empha­sise the scale of our ambi­tion and belief in this new mar­ket.”

Tekri­w­al added, “Jet­Set­Go will strive to play the role of an accel­er­ant by lead­ing the dis­cus­sion and debate in India, pio­neer­ing the appli­ca­tion of cut­ting-edge glob­al tech­nolo­gies, and engag­ing local stake­hold­ers in a col­lab­o­ra­tive effort to make Advanced Air Mobil­i­ty a real­i­ty.” 

Overair, Han­wha Sys­tems, and Jeju Province to col­lab­o­rate on Advanced Air Mobil­i­ty Ecosys­tem

The announce­ment builds on Overair’s pre­vi­ous agree­ments includ­ing sup­port of AAM net­works and pro­vid­ing eVTOL air­craft for South Korea.

For more infor­ma­tion

https://www.overair.com/butterfly/

https://jetsetgo.in/

(Top image: Overair Com­pletes Assem­bly of First Full-Scale But­ter­fly Pro­to­type; Begins Test­ing of the Inte­grat­ed Vehi­cle — Decem­ber 2023)