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Lilium and eVolare Sign Agreement for 4 Lilium Jets, Potential for 12 More

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Lilium N.V. and eVolare, a subsidiary of Volare Aviation, announced the signing of binding agreements for the sale and purchase of

Lilium N.V. and eVolare, a subsidiary of Volare Aviation, announced the signing of binding agreements for the sale and purchase of 4 Lilium Jets. These agreements cover delivery schedules, guarantees, warranties, deposits, and pre-delivery payments. Additionally, the parties have agreed on terms for reserving up to 12 more Lilium Jet production slots for eVolare and its customers. Based in Oxford, UK, eVolare plans to operate Lilium Jets in the London area, connecting the city with surrounding areas and the coast of England.

The current agreements follow an initial firm agreement between Lilium and eVolare in 2022, as the parties have been working together to reinforce their relationship, develop a network of vertiports in the region, and plan for operations of the aircraft upon entry into service of the Lilium Jet.  This work has led to binding agreements with potentially up to 16 aircraft being deployed in the London area. 

Dustin Dryden, Founder of eVolare, said: “It has been a great journey since our first agreement 18 months ago. Lilium’s ecosystem for eVTOL operations is fantastic: between their support and services organization – Lilium POWER-ON – their regulatory support with authorities, and their experience with ground infrastructure development, we fully trust Lilium to be the best eVTOL partner and it led us to for the direct purchase of 4 Lilium Jets. eVolare wants to position itself as the leader of eVTOL in the UK, managing Lilium Jets for our customers but also operating the aircraft on a scheduled or chartered basis. This is just the beginning of a major revolution in regional air mobility.” 

Sebastien Borel, CCO of Lilium, added: “eVolare has a vision, a detailed plan, and a great knowledge of the vertical market; their expertise helps Lilium tremendously and the partnership is bearing fruits on both ends. The London area is a very important market and a great match for our aircraft range and capabilities. eVolare was our first customer to sign a binding order and we continue to grow together. I have no doubt that eVolare will make Lilium extremely successful in the UK”. 

SOURCE: Lilium

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