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:
- German electric jet maker Lilium secured a $1 billion deal to sell 220 of its electric jets to Brazilian airline Azul, marking the largest order in the eVTOL startup's history.
- The partnership involves Azul operating and maintaining the Lilium Jet fleet, with a planned network launch in 2025, and Lilium providing aircraft health monitoring and spare parts while Azul assists with Brazilian regulatory approvals.
- This commercial agreement expands Lilium's planned networks beyond Europe and the US, as the company also recently appointed new members to its board of directors.
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