KOREA: PLANA secures agreement to deliver 20-strong order of its Hybrid eVTOL Aircraft to VONAER

PLANA US has signed a let­ter of intent to deliv­er 20 hybrid eVTOL air­craft to VONAER, a Korea-based air mobil­i­ty ser­vice provider.

Under the agree­ment, PLANA will sup­ply VONAER with five cer­ti­fied air­craft by 2033 and an addi­tion­al 15 by 2040. Through­out this con­tract, PLANA has secured pre-orders for a total of 127 air­craft, amount­ing to a sup­ply agree­ment of $664 mil­lion.

Braden J. Kim, Founder and CEO of PLANA, said: “VONAER is a high­ly influ­en­tial air mobil­i­ty ser­vice plat­form provider in Asia. Our air­craft will cre­ate a much larg­er mar­ket in a sec­tor cur­rent­ly served by heli­copters.

“Our com­pa­ny, which was launched in South Korea, has now com­plet­ed the estab­lish­ment of a Delaware cor­po­ra­tion in the Unit­ed States and plans to final­ize its head­quar­ters relo­ca­tion to the U.S. with­in this year to pur­sue FAA cer­ti­fi­ca­tion, cap­i­tal rais­ing and mar­ket entry.”

VONAER is Korea’s first UAM plat­form, expand­ing from heli­copter-based ser­vices to pri­vate jets
and eVTOL, posi­tion­ing itself as Asia’s first ful­ly inte­grat­ed avi­a­tion mobil­i­ty plat­form.

The com­pa­ny is build­ing a hos­pi­tal­i­ty-dri­ven lux­u­ry ser­vice plat­form to set the stan­dard for air mobil­i­ty in Asia and is prepar­ing for expan­sion into Europe and the Unit­ed States.

Min Shin, CEO of VONAER, added: “The LOI with PLANA marks a key mile­stone toward real­iz­ing this vision, high­light­ing how part­ner­ships between man­u­fac­tur­ers and oper­a­tors dri­ve mar­ket growth.

Man­ag­ing heli­ports in Seoul Jam­sil and Incheon Air­port, VONAER has estab­lished the foun­da­tion for
the urban air trans­porta­tion mar­ket through exist­ing heli­copter air taxi and pri­vate jet ser­vices.