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AeroLease signs LoI for 50 commuter planes with Eviation

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AeroLease signs LoI for 50 commuter planes with Eviation

Eviation has signed a letter of intent for up to 50 commuter planes with Aerolease.  Following its letter of intent, Aerolease will expect up to 50 Alice aircraft and will provide financing and leasing solutions for the aircraft to its customers around the globe. As per Eviation, the aircraft, capable of seating nine passengers, is the only flight-proven aircraft of its size to operate completely electric.

Eddie Jaisaree, Vice President of Commercial Sales, Eviation said: “As we gather for the Paris Air Show, the aerospace industry is facing increasing pressure to turn sustainable solutions into reality. The Alice aircraft meets the demand for zero-carbon technology that we are seeing from governments, regulators, and the public, while offering a more enjoyable flight experience and lower operating costs. Aerolease further demonstrates the commitment of leasing companies to revolutionize air travel and we are very pleased to receive this order.”

Gregory Davis, Chief Executive, Eviation said: “In the four years since the last edition of the Paris Air Show, Eviation has achieved the world-first test flight of the Alice, and secured over US$ 4 billion in orders. Our aircraft has captured the hearts and minds of the marketplace with its beautiful design, low cost of operation and environmental credentials. The leasing community has an important part to play in creating a long-lasting future for our industry, and we are delighted to work with Aerolease, our latest leasing customer.”

Alice is built with electric propulsion units designed by mangniX and boasts a VFR range of 250 nautical miles, a max operating speed of 260 knots, and a max payload capability of 2,500 lbs.

Last month, Eviation secured up to 30 Alice aircraft orders from UK-based leasing company MONTE. Along with the Aerolease deal, more than 300 aircraft are on order from a selection of customers. The company is reportedly planning for certification testing in 2025, intending to have the planes enter service later that same year.