South Korean Leasing Firm Orders 25 Electric Commuter Aircraft

Eviation Aircraft, a manufacturer of all-electric aircraft, announced that Solyu, a leasing company based in Seoul, South Korea, has signed a Letter of Intent (LOI) for 25 commuter Alice aircraft with options for 25 additional aircraft.

The nine-passenger Eviation Alice is the world’s first flight-proven all-electric commuter aircraft. Built from a clean-sheet design integrating magniX’s electric propulsion system, Alice produces zero carbon emissions and features lower operating costs per flight hour compared to light jets or high-end turboprops.

“Solyu’s order is a testament to how lessors are embracing Alice as the future of flight,” said Eddie Jaisaree, Vice President of Commercial Sales at Eviation. “The leasing community is an important constituent in bringing about sustainable change in the aviation industry. It is exciting to see a forward-thinking company such as Solyu recognizing Alice’s zero carbon technology, economic viability, and beautiful design.”

Gregory Davis, CEO of Eviation added: “As we continue to take important steps toward certification, Alice has now secured US$5 billion in orders. It is gratifying to see the marketplace so excited about Alice’s innovative design, low cost of operation, and environmental credentials.”

“With aviation regulations focusing on sustainability and airlines demanding to reduce their carbon footprint, we see Alice as a major contributor to meeting those targets. In addition to its zero emissions, Alice’s flexible layout and low operating costs will provide operators opportunities to open new markets,” said Andrew Claerbout, President of Solyu.