Lilium and Luxaviation Take Partnership to Next Phase Focused on Operations and Ground Infrastructure
Lilium N.V.Lilium N.V.(US:LILM) Newsfilter·2024-05-29 06:00

Core Viewpoint - Lilium N.V. is expanding its partnership with Luxaviation Group to enhance the infrastructure for its all-electric vertical take-off and landing (eVTOL) jet, the Lilium Jet, focusing on regional air mobility and sustainability in aviation [1][6]. Group 1: Partnership Expansion - The partnership will utilize ExecuJet's network of Fixed Based Operations (FBOs) and newly developed locations to establish electrified ground infrastructure for the Lilium Jet, initially targeting key markets in Europe and later expanding to the Middle East [2][3]. - ExecuJet has recently increased its global presence to 141 FBOs following the acquisition of Sky Valet, which will support the operational network for the Lilium Jet across the EMEA region [3]. Group 2: Electrification and Sustainability - A significant focus of the partnership is the electrification of ExecuJet's operations in France, particularly in Aix-en-Provence, in collaboration with EDEIS, a leading French engineering firm [4]. - Luxaviation Group is committed to advancing its decarbonization roadmap through the integration of eVTOL and regional air mobility, with Sigma Air Mobility tasked with implementing sustainable air mobility solutions [5][14]. Group 3: Operational Goals - The collaboration aims to establish local operations, integrate airspace, and develop ground infrastructure, which are essential for the deployment of Advanced Air Mobility (AAM) in Europe [7]. - Lilium emphasizes the importance of a robust operational network, which is exemplified by Luxaviation's ExecuJet FBOs, in achieving sustainable regional air mobility [7].