Monte Inks Deal For Up to 50 Ampaire Hybrid-Electric Aircraft

Monte is a U.K.-based company that says its sole focus is financing sustainable regional aviation technologies so that it can support the aviation industry's transition to net-zero carbon emissions.

Michael Wildes

Tuesday, October 25, 2022 at 05:43 PM ET

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Ampaire says the nine-passenger aircraft is currently undergoing ground power tests and has entered the certification process with the FAA, with a supplemental type certification for the upgraded aircraft expected in 2024. [Courtesy: Ampaire]

Key Takeaways:

Hybrid-electric aviation company Ampaire secured an order for up to 50 Eco Caravans (25 firm, 25 optional) from Monte Aircraft Leasing.
Monte Aircraft Leasing, which specializes in financing sustainable regional aviation, placed the order to support the industry's transition to net-zero carbon emissions.
The Eco Caravan, a hybrid-electric upgrade of the Cessna Grand Caravan, promises significant reductions in fuel (up to 70%) and operating costs (24-40%), and can recharge its batteries in flight, eliminating the need for ground charging infrastructure.

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Hybrid-electric aviation company Ampaire announced today that the financing company, Monte Aircraft Leasing Limited, is ordering up to 50 Eco Caravans. Monte is a U.K.-based company that says its sole focus is financing sustainable regional aviation technologies so that it can support the aviation industry’s transition to net-zero carbon emissions.

Ampaire Builds Momentum with New Orders from MONTE and Global MRO Support from Air France/KLM

Full story here https://t.co/fNl9Eacs6M #MONTE #ecocaravan #sustainableaviation #greentech #cleantech #hybridelectric #partnerships #aviation pic.twitter.com/8HqmuNsu1U