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Lilium, NetJets and FlightSafety International agree strategic partnership and potential sale of 150 aircraft

NetJets Inc and FlightSafety International have signed a Memorandum of Understanding (MoU) with Lilium N.V. for a proposed strategic partnership.

According to a Lilium press release:

“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.

“This planned collaboration with NetJets is also expected to boost Lilium’s commercial ambitions in Florida and other US markets and would create supplemental direct sales opportunities. The Lilium Jet, which offers high performance with zero operating emissions, will allow NetJets to advance its sustainability efforts by offering its customer base regional transportation alternatives.

“As part of the arrangement, Lilium would also partner with FlightSafety International Inc. to provide products and services, such as courseware, industry leading immersive and mixed reality training devices and crew training to support Lilium Jet operations. FlightSafety’s proprietary training software will deliver flexible and agile learning solutions needed to support the advanced air mobility market.

The proposed arrangement with NetJets is subject to the parties finalizing commercial terms and entering into definitive agreements with respect thereto and satisfaction of certain conditions

For more information

https://lilium.com/newsroom-detail/lilium-netjets-announcement

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