Horizon Aircraft Signs LOI with Discovery Air Chile Ltda “For Lease of 5 Cavorite X7s in 2028”
Canada-based Horizon Aircraft, a hybrid eVTOL aircraft developer, recently announced it has signed a Letter of Intent (LOI) with Discovery Air Chile Ltda, a Chilean helicopter operator, to lease five Cavorite X7 aircraft with a projected delivery timeline of 2028, reports a press release.
The addition of this eVTOL will enhance services in Chile by greatly reducing transfer times for passengers, patients and time sensitive goods. while cutting costs for operators.
Álvaro González, General Manager, of Discovery Air Chile Ltda, commented, “We are proud to be the first South American operator of Horizon Aircraft’s Cavorite X7 Hybrid eVTOL. Sustainable, cost-effective operations and innovative technology, such as what Horizon Aircraft offers, advances Chilean regional air services and is integral to maintain competitive operations. The Cavorite X7 is expected to transform the speed, flexibility, and cost to transport people and critical goods. This will be transformative for Chilean air movements at a regional level.”
Brandon Robinson, CEO and co-Founder of Horizon Aircraft, remarked, “This agreement with Discovery Air Chile Ltda marks a significant milestone for us, as we further expand our international footprint into South America.”
He continued, “Our Cavorite X7 offers a compelling economic and operational alternative to helicopters. Our aircraft can fly almost twice as fast as a traditional helicopter with an estimated 30 percent lower per-hour operating cost. This results in over 75 percent savings as compared to a traditional helicopter on a per-mile basis.”
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(Top image: Horizon Aircraft)
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