Lilium Secures Partnership with GlobeAir for 12 eVTOLs

Under the agreement, GlobeAir intends to purchase 12 Lilium Jets to provide premium and business eVTOL flights to its customer base in the French Riviera and Italy.

Michael Wildes

Thursday, October 06, 2022 at 04:48 PM ET

Verified

Under the agreement, GlobeAir intends to purchase 12 Lilium Jets to provide premium and business eVTOL flights to its customer base in the French Riviera and Italy. [Courtesy: Lilium]

Key Takeaways:

Germany-based eVTOL developer Lilium has partnered with private jet operator GlobeAir, which plans to purchase 12 Lilium Jets for premium and business air taxi flights in the French Riviera and Italy.
GlobeAir will operate the Lilium Jets for first and last-mile service, aligning with its long-term strategic plan to improve sustainability and advance new technologies.
Lilium continues to make progress in aircraft development, including recent successful transition flight tests, and aims to begin commercial service in 2025.

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Germany-based electric vertical takeoff and landing (eVTOL) developer Lilium (NASDAQ: LILM) is partnering with private jet operator GlobeAir, who plans to purchase 12 of the aircraft for premium and business air taxi flights to its customer base in the French Riviera and Italy.

According to the eVTOL developer, GlobeAir will operate the Lilium Jets for first and last-mile service, transporting passengers to and from airports.