The manufacturer estimates the orders will have a market value north of $8 billion once fully realized.
The company behind the November first flight of a hybrid electric short takeoff and landing (eSTOL) aircraft is racking up demand for the design.
Lockheed Martin-backed Electra.aero on Tuesday announced that it topped 2,000 preorder sales for its flagship eSTOL design, an order book the manufacturer values at over $8 billion once fully realized. The nine-seat aircraft is unique, even among electric designs, because of its ability to take off or land with just 150 feet of runway.
Electra reached the milestone after wrapping up three sizable agreements. In December, Finnish on-demand flying platform Lygg agreed to buy up to 300 eSTOLs in a deal valued at over $1 billion. Lygg operators, which mainly serve airports outside Nordic and European metropolises, will be able to purchase the aircraft through a hybrid-as-a-service model, which offers financing.
“Electra’s eSTOL capability allows us to rewrite the definition of direct connections for environmentally conscious business travelers using existing airfields closer to city centers, reducing valuable time spent in the air,” said Roope Kekäläinen, CEO of Lygg.
The company’s order book expanded again last week, when Indian private charter marketplace JetSetGo placed firm orders for 50 aircraft apiece from Electra, Overair, and Horizon Aircraft. Electra will work with the firm, which operates India’s largest on-demand fleet, to identify new routes that can leverage the eSTOL’s unique capabilities.
“India’s geography and demographics make it an ideal launch market for advanced air mobility (AAM),” said Kanika Tekriwal, co-founder and CEO of JetSetGo. “We want to lead the transformation of urban and regional connectivity and believe Electra is the right partner with the technology to make this vision a reality.”
The third agreement, with New York City-based helicopter tour operator Charm Aviation, had not been previously announced. Electra did not disclose the number of aircraft included in Charm’s order, but it said the operator will introduce the eSTOL to heliports and vertiports in bustling Manhattan.
“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,” said Marc Ausman, chief product officer of Electra.
The company behind the November first flight of a hybrid electric short takeoff and landing (eSTOL) aircraft is racking up demand for the design.
Lockheed Martin-backed Electra.aero on Tuesday announced that it topped 2,000 preorder sales for its flagship eSTOL design, an order book the manufacturer values at over $8 billion once fully realized. The nine-seat aircraft is unique, even among electric designs, because of its ability to take off or land with just 150 feet of runway.
Electra reached the milestone after wrapping up three sizable agreements. In December, Finnish on-demand flying platform Lygg agreed to buy up to 300 eSTOLs in a deal valued at over $1 billion. Lygg operators, which mainly serve airports outside Nordic and European metropolises, will be able to purchase the aircraft through a hybrid-as-a-service model, which offers financing.
“Electra’s eSTOL capability allows us to rewrite the definition of direct connections for environmentally conscious business travelers using existing airfields closer to city centers, reducing valuable time spent in the air,” said Roope Kekäläinen, CEO of Lygg.
The company’s order book expanded again last week, when Indian private charter marketplace JetSetGo placed firm orders for 50 aircraft apiece from Electra, Overair, and Horizon Aircraft. Electra will work with the firm, which operates India’s largest on-demand fleet, to identify new routes that can leverage the eSTOL’s unique capabilities.
“India’s geography and demographics make it an ideal launch market for advanced air mobility (AAM),” said Kanika Tekriwal, co-founder and CEO of JetSetGo. “We want to lead the transformation of urban and regional connectivity and believe Electra is the right partner with the technology to make this vision a reality.”
The third agreement, with New York City-based helicopter tour operator Charm Aviation, had not been previously announced. Electra did not disclose the number of aircraft included in Charm’s order, but it said the operator will introduce the eSTOL to heliports and vertiports in bustling Manhattan.
“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,” said Marc Ausman, chief product officer of Electra.
