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Aerolease Signs LOI for 50 Electric Commuter Aircraft from Eviation

byRita Garwood
June 20, 2023
in Deals, EF News
Reading Time: 2 mins read
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Eviation Aircraft, a manufacturer of all-electric aircraft, announced Aerolease, a leasing company based in Miami, signed a letter of intent for up to 50 commuter Alice aircraft. Aerolease will provide financing and leasing solutions for the Alice, a nine-passenger electric commuter aircraft, to a global customer base of operators.

“As we gather for the Paris Air Show, the aerospace industry is facing increasing pressure to turn sustainable solutions into reality,” Eddie Jaisaree, vice president of commercial sales at Eviation, said. “The Alice aircraft meets the demand for zero-carbon technology that we are seeing from governments, regulators and the public while offering a more enjoyable flight experience and lower operating costs. Aerolease further demonstrates the commitment of leasing companies to revolutionize air travel, and we are very pleased to receive this order.”

“We work with major airlines around the world, and we know from many conversations that sustainability is a major concern,” Jep Thornton, managing partner of Aerolease, said. “New projects that address sustainability are key to our future strategy and we are excited to be working with Eviation to offer our global customers a zero-emissions solution that is good for the planet and provides an exciting means of opening up new regional routes.”

“In the four years since the last edition of the Paris Air Show, Eviation has achieved the world-first test flight of the Alice and secured over $4 billion in orders,” Gregory Davis, CEO of Eviation, said. “Our aircraft has captured the hearts and minds of the marketplace with its beautiful design, low cost of operation and environmental credentials. The leasing community has an important part to play in creating a long-lasting future for our industry and we are delighted to work with Aerolease, our latest leasing customer.”

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