Lilium, NetJets And FlightSafety to promote Sustainability In Private Aviation
NetJets Inc., the largest private aviation company in the world, and FlightSafety International, the leader in professional aviation training have signed a Memorandum of Understanding (MoU) with Lilium N.V. (NASDAQ: LILM) (“Lilium”), makers of an all-electric vertical take-off and landing (eVTOL) jet, for a proposed strategic partnership.
The arrangement would provide NetJets with the right to purchase up to 150 Lilium aircraft, introducing more options to NetJets owners to complement their existing flight patterns. NetJets also anticipates supporting Lilium with a private sales campaign for individuals to purchase Lilium aircraft. In addition, the two companies will explore a business model for the operation of Lilium’s network in Florida as well as other regions in the US and Europe.
The Lilium Jet’s flexible cabin architecture is expected to enable a range of configurations, including configurations with four to six passenger layouts that address both premium and shuttle mission profiles.
NetJets operates the world’s largest fleet of private jets, and their strong owner base will provide Lilium with scale and support for its ecosystem in the US, where plans for a Florida transport hub continue to progress.
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