Lilium, a Germany-based electric jet maker, has announced plans to sell 220 of its aircraft to Brazilian airline Azul in a $1 billion commercial deal.
Lilium Announces $1 Billion Deal with Brazilian Airline
Key Takeaways:
- Lilium, a German electric jet maker, has secured a $1 billion commercial deal to sell 220 of its eVTOL aircraft to Brazilian airline Azul, marking its largest order to date.
- As part of the partnership, Azul will operate and maintain the Lilium Jet fleet, supported by Lilium's technical provisions, with Azul also assisting in securing regulatory approvals in Brazil for a planned 2025 network launch.
- Lilium recently announced new board appointments, including Gabrielle Toledano and Henri Courpron, with former Airbus CEO Thomas Enders set to chair the board after its merger with SPAC Qell is completed in September.
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