Fractional aircraft ownership company NetJets has signed a memorandum of understanding (MOU) to buy 150 electric vertical takeoff and landing (eVTOL) air taxis from Germany-based Lilium (NASDAQ: LILM).
Lilium, which is preparing to launch a flight test campaign of its fifth-generation eVTOL demonstrator Phoenix 2, announced the MOU with the Columbus, Ohio-based NetJets on Tuesday. NetJets also will run flight operations for a Lilium air taxi route network which is planned for Florida, the eVTOL company said.
