Design and Engineering

Electra and flyv to Reinvent Regional Air Travel in Europe with On-Demand Flights on Hybrid-Electric eSTOL Planes

Aircraft News
A new generation of cost-efficient hybrid-electric aircraft is making on-demand regional air travel commercially feasible. Electra.aero, a US-based clean aviation technology company and flyv, a German company creating On Demand Air Mobility solutions, have partnered to develop a revolutionary customer-centric air mobility solution that leverages the economic advantages of Electra's sustainable flight technology to offer travelers the quickest, most cost-effective route between locations in underserved regional travel markets in Europe.

Passengers will fly on Electra's hybrid-electric, ultra-short takeoff and landing (eSTOL)aircraft, a fixed-wing plane that uses a unique combination of proven blown lift technology, hybrid-electric power, and distributed propulsion to operate on runways as small as 100x300 feet. The quiet, piloted plane delivers substantially lower emissions and operating costs than conventional aircraft. Batteries are recharged mid-flight, eliminating the need for ground charging infrastructure and enabling quick flight turnaround in diverse environments. The flyv service will initially operate between airports and eventually provide point-to-point intercity travel, taking full advantage of the Electra eSTOL's ability to take off and land in places previously inaccessible by flight.

flyv is a novel airline focused on regional air mobility. In lieu of a traditional hub and spoke network, the flyv scheduling platform uses a proprietary algorithm to optimize the daily flight schedule based on paid bookings and operational constraints. flyv will provide customers a guaranteed fixed travel timeframe to their destination at the point of booking, and exact itinerary details prior to departure.

"There is a gap in transportation services today between where ground transport is effective and where large transport aircraft are providing efficient service. We designed Electra's eSTOL aircraft to fill that gap, providing a more sustainable transport option than cars or traditional aircraft for short and medium distance routes up to about 500 miles, We are delighted to be partnering with flyv to pair our aircraft technology with flyv's innovative business model and flight scheduling technology to bring this transportation solution to customers."

- John S. Langford, Founder and Chief Operating Officer (CEO) of Electra.aero.

"Traditional airlines are focused on capacity, not on demand. We're building a new means of transport that is demand-driven and customer centric. We aim to connect unserved communities to as many other decentralized locations as possible by delivering the fastest means of transport from one point to another at market value-based prices, The economics were a challenge with conventional aircraft. The cost-effectiveness of Electra's high-performance eSTOL aircraft is the puzzle piece that makes the flyv model work. Our partnership with Electra enables a micro-mobility solution that connects the unconnected into the global aviation network in a sustainable way, creating economic opportunities for both communities and customers," 

- flyv Chief Executive Officer (CEO) Anton Lutz.

Under a Memorandum of Understanding (MOU), flyv will be Electra's air mobility services partner in Europe, and Electra will be flyv's OEM partner for regional air mobility services in Europe and elsewhere, with a commitment by flyv to purchase of up to 100 Electra eSTOL aircraft. The agreement raises Electra's total purchase commitments to 280 aircraft. The two companies will jointly explore urban and regional networks to be served by flyv, and will collaborate on elements of eSTOL performance, economics, and passenger experience as well as joint marketing initiatives. The global urban and regional advanced air mobility market is forecast by Morgan Stanley at $1 trillion.

About flyv 
flyv is a start-up On-Demand Air Mobility airline connecting people in a demand-driven network, with a mission to connect every possible landing field in a single customer-induced web created anew every day. The company's core asset is its two algorithms: the fulfillment algorithm and the product algorithm. Together they enable optimized product offering and operationalization leading to a new approach in airline distribution and management. flyv's highly skilled  team draws from various disciplines with executive experience from Amazon, GE Aviation, Vodafone, easyJet, and Lufthansa Group,  as well as renowned scientific institutions and European airports.

About Electra.aero
Electra.aero, Inc. is a next-gen aerospace company leading the way in sustainable urban and regional mobility. The company is building clean, hybrid-electric, ultra-short takeoff and landing (eSTOL) airplanes that fly people and cargo quieter, further, and more affordably. Electra is collaborating with air transport and ground infrastructure operators to achieve a turnkey solution for diverse markets. Electra's team includes some of the most respected and successful entrepreneurs and engineers in novel aircraft design, and its technology development is supported by NASA and the US Air Force Agility Prime program.

Spotlight

Spotlight

Related News

Commercial Aviation, Cargo Management

B&H Worldwide Secures Vital Logistics Contract with Flair Airlines

EIN Presswire | January 29, 2024

B&H Worldwide, a global leader in aerospace and aviation logistics, is delighted to announce the successful acquisition of a new contract with Flair Airlines, a leading Canadian ultra-low-cost carrier headquartered in Edmonton, Alberta. Flair Airlines, known for its scheduled passenger and chartered services with a fleet of Boeing 737 aircraft, has selected B&H Worldwide as its trusted logistics partner. Under this agreement, B&H Worldwide will provide critical support to Flair Airlines, including Aircraft on Ground (AOG) assistance, Import/Export Clearance, and deliveries. The scope of the partnership extends to cover key regions, with a focus on Canada, the USA, and Australia. Gary Wilson, Group Managing Director of B&H Worldwide, expressed his enthusiasm, saying, "We are honoured to have been chosen by Flair Airlines to provide logistics services. This partnership signifies our commitment to delivering high-quality solutions to the aerospace industry. B&H Worldwide is poised to support Flair Airlines' operations seamlessly and contribute to their success." To ensure a smooth and efficient import/export process, B&H Worldwide has developed a customized Standard Operating Procedure (SOP). This SOP not only facilitates a streamlined logistics process but also outlines key contacts and support points tailored to Flair Airlines' specific needs. Furthermore, it establishes service standards that align with the airline's shipment requirements. Gary Wilson added, "Our bespoke service is a testament to our dedication to meeting the unique demands of Flair Airlines. We are committed to providing not only exceptional logistics services but also a partnership built on trust and collaboration." B&H Worldwide will leverage their philosophy of custom processes to support Flair Airlines in their logistics operations, working closely with their supply chain team. The first successful logistics project, a COMAT shipment, included a total of 17 pallets containing aviation parts (non-Dangerous Goods), 737 main wheels, 737 nose wheels, 737 brake in a clamshell, and Inflight training equipment. In a notable milestone, Flair Airlines loaded their own Boeing 737-800 MAX aircraft with materials destined for Australia. The 737-800 MAX aircraft departed from Calgary, Canada, and successfully landed in Coolangatta, Australia. B&H Worldwide played a crucial role in facilitating the clearance process in Australia. Vladan Nikolic, Director of Material Supply Chain for Flair Airlines, expressed his satisfaction with B&H Worldwide's performance, stating, "The B&H Australian team's professionalism and responsiveness during the first logistics project was impressive. We have full confidence in their capabilities, and I look forward to continued collaboration at this high service level." B&H Worldwide remains committed to delivering top-tier logistics solutions, and the partnership with Flair Airlines further solidifies the company's position as a trusted leader in aerospace and aviation logistics.

Read More

Aerospace, Aviation Technology

WestJet adding to fleet in 2025 through leasing of five new Boeing 737 MAX 8 aircraft

Newswire | January 24, 2024

WestJet today announced the acquisition of five brand new Boeing 737 MAX 8 to its fleet, adding to the airline's already significant multi-billion-dollar investment in its orderbook. The airline expects to receive delivery of the aircraft in early 2025, after recently completing leasing agreements with China Development Bank Financial Leasing Co., Ltd. (CDB Aviation) for three aircraft and international aircraft leasing company, Avolon for two aircraft. "We are adding these five aircraft to our 737 MAX family very soon and look forward to this additional capacity enhancing our already forecasted fleet expansion, further enabling our execution of providing affordable and diverse air travel options for our guests," said Mike Scott, WestJet Group, Executive Vice-President and Chief Financial Officer. "As Canada's coast-to-coast leisure champion and western home carrier, the continued expansion of our fleet in tandem with our low-cost foundation is a key accelerator of our growth strategy. Combined with its existing order book, WestJet will now receive as many as 22 brand new Boeing 737 MAX airplanes before the end of 2025, and up to 62 additional airplanes of this type before the end of 2028. This makes WestJet's narrowbody orderbook the largest of any Canadian airline. "CDB Aviation values our expanding relationship with WestJet and we are pleased to be able to support the airline's fleet expansion in an environmentally friendly manner as we lease these three new fuel-efficient B737-8 aircraft direct from our orderbook," stated Jie Chen, CDB Aviation's Chief Executive Officer. "We're delighted to be expanding on our strong relationship with Westjet and are pleased to support WestJet's fleet expansion needs from our Boeing orderbook," said Paul Geaney, President and Chief Commercial Officer, Avolon. "We expect to see continued growth for the aviation sector in the coming years, including in North America, and are excited to provide a fleet solution to a strategic customer in the region."

Read More

Commercial Aviation, Airport Management

Aviation Capital Group Announces Delivery of One A320neo to SAS

Business Wire | January 25, 2024

Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines (“SAS”). Featuring CFM International LEAP-1A engines, this is the ninth of ten aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS. ACG specializes in commercial aircraft leasing and aviation finance. In addition to aircraft leasing services, we provide aircraft asset management solutions tailored to meet our customers’ fleet management needs. To learn more about the aircraft leasing and aircraft management services offered by ACG, visit www.aviationcapitalgroup.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of applicable federal securities laws. Any such statements, other than statements of historical fact, are based upon our current expectations and assumptions concerning future events, which are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. Accordingly, such statements are not guarantees or assurances of any aspect of future performance. Except as required by applicable law, we do not undertake any obligation to, and will not, update any forward-looking statements, whether as a result of new information, future events or otherwise.

Read More