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 electric jets to Brazilian airline Azul, marking the largest order in the eVTOL startup's history.
- As part of the partnership, Azul will operate and maintain the Lilium Jet fleet, with Lilium providing technical support such as an aircraft health monitoring platform and replacement parts.
- Azul will also assist Lilium with the necessary regulatory approval processes in Brazil, with the network planned to commence operations in 2025.
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