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Lilium strikes sales deal with Saudi Arabia for up to 100 eVTOL aircraft
eVTOL in the Middle East.
Lilium, an electric aviation company based in Germany, says it has secured a binding sales agreement for up to 100 electric vertical takeoff and landing (eVTOL) aircraft with Saudia Group, which operates the largest airline carrier in Saudi Arabia and is wholly owned by the Kingdom of Saudi Arabia. The deal follows a 2022 memorandum of understanding between Lilium and Saudia to explore ways in which battery-powered multi-rotor aircraft can address the region’s transportation challenges. Lilium has said it will sell its Pioneer aircraft for $10 million to individual buyers in the US looking to swap their polluting private jets with something more environmentally friendly.
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