Lilium N.V. (NASDAQ: LILM), the German company developing the Lilium Jet eVTOL , has entered an agreement with Air-Dynamic SA, a private jet and helicopter operator based in Lugano, Switzerland, under which Lilium will receive deposits for up to five aircraft.
Air-Dynamic said it plans to operate and manage the Lilium Jets for customers in Switzerland and Italy, offering them access to premium versions of the aircraft, including the planned Pioneer Edition model. For Lilium, the deal helps it enter the luxury European business travel and tourism markets currently served by helicopters and jets.
Air-Dynamic boasts nearly 20 years of experience in the jet and helicopter charter business and focuses on routes that include destinations across Italy, Switzerland, the Côte d’Azur, and French Alps. The company operates two Pilatus PC-12s based at Lugano Airport in Bioggio, Switzerland, and manages a number of jets and helicopters for private owners and other air transport operators.
“This partnership represents an important step for Air-Dynamic SA and the entire aviation industry. We are excited to work with Lilium to develop innovative and sustainable solutions for the future of aviation,” said Air-Dynamic CEO Raffaella Meledandri. “The first project’s goal is to connect Lugano directly with Milan City Center and in parallel to establish a good connection in Italy for the most touristic destinations, such as Lake Como and Capri.”
“With today’s partnership, Lilium deepens its reach into Europe’s premium travel market,” said Sebastien Borel, Lilium’s COO. “We’re leveraging Air-Dynamic’s innovative and entrepreneurial approach to operating and managing private jets and helicopters in the region.”
Lilium has announced several agreements potentially amounting to hundreds of aircraft, including one with airline Saudia for up to 100 eVTOLs and another with U.K. helicopter and jet operator Volare Aviation. The company has said it plans to begin commercial service in 2025.