LOI

Horizon Aircraft enters LOI to sell $250M of Cavorite X7 eVTOL to JetSetGo of India

Horizon Aircraft enters LOI to sell $250M of Cavorite X7 eVTOL to JetSetGo of India

22-Jan-2024Source: Horizon Aircraft

New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, announced that it has entered into a Letter of Intent (“LOI”) with JetSetGo, a regional air operator servicing multiple mission profiles. This LOI allows JetSetGo to purchase 50... Read more

Aeroauto and Greenport Airport create for Urban Air Mobility showroom

Aeroauto and Greenport Airport create for Urban Air Mobility showroom

3-Aug-2023Source: Aeroauto

Aeroauto, the world’s leading expert in electric Vertical Take-Off and Landing (eVTOL) and advanced air mobility vehicles, has signed a Letter of Intent (LOI) with GREENPORT® International Airport & Technology Center to establish a state-of-the-art eVTOL showroom, dealership, and maintenance service. This exciting partnership aims to introduce a new era of transportation solutions, setting the stage for... Read more

Eve and Widerøe Zero Extend Partnership

Eve and Widerøe Zero Extend Partnership

25-Jul-2023Source: Eve Air Mobility

Eve Air Mobility (“Eve”) (NYSE: EVEX; EVEXW) today announced the extension of its partnership with Widerøe Zero, an innovative initiative by Widerøe focused on sustainable aviation with the mission to revolutionize the industry and create a greener future for air travel. The partnership, solidified through a Letter of Intent (LOI), marks a significant step forward in... Read more

SkyDrive to Introduce eVTOL to South Carolina

SkyDrive to Introduce eVTOL to South Carolina

25-Jul-2023Source: SkyDrive

SkyDrive Inc. (“SkyDrive”), a leading Japanese eVTOL aircraft (*1) manufacturer headquartered in Toyota City, Japan, and Austin Aviation Inc. (“Austin Aviation”), a Part 135 charter operator and subsidiary of Lowcountry Aviation Company (“LCA”) in Walterboro, SC, announced a pre-order Letter of Intent (LOI) for SkyDrive to deliver up to five “SKYDRIVE” eVTOL aircraft to Austin... Read more

PLANA to Supply 30 AAM Aircraft to Hi-Air under LOI

PLANA to Supply 30 AAM Aircraft to Hi-Air under LOI

17-Jul-2023Source: PLANA

PLANA, a developer of hybrid advanced air mobility (AAM) eVTOL aircraft, today announced that it has signed a LOI and MOU with Hi-Air, a South Korean commercial air carrier, to supply 30 AAM aircraft. Under the LOI, PLANA will supply its hybrid-electric AAM aircraft, CP-01, to Hi-Air from 2030. The first 10 aircraft will be... Read more

Volatus signs LOI with Greenport for eVTOL vertiport development

Volatus signs LOI with Greenport for eVTOL vertiport development

13-Jul-2023Source: Volatus Infrastructure

Volatus Infrastructure, LLC has signed a letter of intent (LOI) with GREENPORT® International Airport and Technology Center to build an electric vertical take-off and landing (eVTOL) vertiport as part of their planned 5,426-acre phase one development plans. The vertiport will include Volatus’ modularly designed terminal building and landing pad with their vehicle-agnostic charging station. The teams... Read more

Eve and Voar Aviation Sign Letter of Intent to Drive Urban Air Mobility

Eve and Voar Aviation Sign Letter of Intent to Drive Urban Air Mobility

23-Jun-2023Source: Eve Air Mobility

Eve Air Mobility (“Eve”) (NYSE: EVEX; EVEXW) and Voar Aviation (“Voar”), a general aviation service company, have announced the signature of a Letter of Intent (LOI) to evaluate the sale and purchase of 70 electric vertical take-off and landing (eVTOL) aircraft to be operated in several locations of Brazil. Under the terms of the agreement,... Read more

Eve and Widerøe Zero Extend Partnership to Launch eVTOL Operations in Scandinavia

Eve and Widerøe Zero Extend Partnership to Launch eVTOL Operations in Scandinavia

22-Jun-2023Source: Eve Air Mobility

Eve Air Mobility (“Eve”) (NYSE: EVEX; EVEXW) announced the extension of its partnership with Widerøe Zero, an innovative initiative by Widerøe focused on sustainable aviation with the mission to revolutionize the industry and create a greener future for air travel. The partnership, solidified through a Letter of Intent (LOI), marks a significant step forward in... Read more

Eve and Nordic Aviation Capital Sign LOI for up to 30 eVTOLs

Eve and Nordic Aviation Capital Sign LOI for up to 30 eVTOLs

21-Jun-2023Source: Eve Air Mobility

Eve Air Mobility (“Eve”) (NYSE: EVEX; EVEXW) has signed a Letter of Intent (LOI) with Nordic Aviation Capital (“NAC”), a global leader in regional aircraft leasing, to promote the electric vertical take-off and landing (eVTOL) aircraft through optimized leasing strategies. The LOI establishes that Eve will have the opportunity to utilize NAC’s global presence and... Read more

PLANA’s MOU and LOI Signed with SkyTaxi

PLANA’s MOU and LOI Signed with SkyTaxi

5-May-2023Source: PLANA

AAM aircraft developer PLANA announced the delivery of 50 electric vertical takeoff and landing (eVTOL) aircraft to Japan. The company announced that it had signed a Letter of Intent (LOI) with SkyTaxi(SoratobuTaxi Co., Ltd) for the hybrid eVTOL CP-01 currently under development. Additionally, the company signed a Memorandum of Understanding (MOU) with SkyTaxi for the... Read more

Helisul signs LOI for 50 Moya cargo eVTOL drones

Helisul signs LOI for 50 Moya cargo eVTOL drones

1-May-2023Source: Moya Aero

Moya Aero eVTOL maker, and Helisul Aviation, have announced a strategic partnership to develop logistical operations with high-capacity RPAS (remotely piloted aircraft). At the opportunity, they signed a Letter of Intent (LOI) to purchase 50 Moya eVTOL. The Moya eVTOL is an autonomous cargo drone, all-electric, with a payload capacity of 200 kg and a... Read more

Ameriflight signs LOI for 35 VTOL Cargo Drones

Ameriflight signs LOI for 35 VTOL Cargo Drones

22-Feb-2023Source: Ameriflight

Ameriflight, the nation’s largest Part 135 Cargo airline, announces signed letter of intent to purchase 35 VTOL air cargo drones from Sabrewing Aircraft Company, Inc., a U.S. corporation designing and producing a new generation of regional cargo UAV that offers high-efficiency, all-weather operation with vertical landing and takeoff (VTOL) capabilities. The agreement is for the Rhaegal-A... Read more

Eve and FlyBIS to develop eVTOL ops in Latin America

Eve and FlyBIS to develop eVTOL ops in Latin America

9-Dec-2022Source: Eve Air Mobility

Eve Air Mobility (“Eve”) (NYSE: EVEX; EVEXW) has signed a Letter of Intent (LOI) with FlyBIS Aviation Limited (“FlyBIS”), an advanced air mobility start-up based in Caxias do Sul, in the south of Brazil, to collaborate on the development of eVTOL operations in Brazil and South America. Based on the agreement, FlyBIS will also purchase up to 40 of Eve’s... Read more

Eve to support vertiport automation with Volatus Infrastructure

Eve to support vertiport automation with Volatus Infrastructure

7-Dec-2022Source: Eve Air Mobility

Eve Air Mobility (“Eve”) (NYSE: EVEX; EVEXW) has signed a Letter of Intent (LOI) with Volatus Infrastructure, LLC, to supply a vertiport automation solution that will support traffic management of future electric vertical take-off and landing (eVTOL) vehicles. Eve’s Urban Air Traffic Management (“UATM”) software solution will be used to improve the capacity and efficiency... Read more

Savback signs LoI for 25 Speeders from Mayman Aerospace

Savback signs LoI for 25 Speeders from Mayman Aerospace

6-Dec-2022Source: Savback Helicopters

Mayman Aerospace, the US-based manufacturer of the innovative Speeder Air Utility Vehicle (AUV) and Savback Helicopters, the independent helicopter and fixed-wing sales specialist, announced today the signing of a Letter of Intent (LOI) for the sale and purchase of 25 Speeder units. The agreement positions Savback as the first civilian customer and heralds a new era for... Read more

Hybrid eVTOL Company Plana signs LOI with Electric Power Systems

Hybrid eVTOL Company Plana signs LOI with Electric Power Systems

2-Nov-2022Source: Electric Power Systems

Electric Power Systems (EP Systems), a leading global electric powertrain supplier in the aviation industry announced it has entered into a Letter of Intent (LOI) with Plana, a hybrid eVTOL company based in South Korea. Plana will deploy EPS’s battery system for its commercial hybrid eVTOL aircraft, which is targeted for commercialization in 2028. EPS... Read more

Vman ordered HAL civil Light Utility Helicopter

Vman ordered HAL civil Light Utility Helicopter

13-Oct-2022Source: Vman

Vman, IFSCA Approved Gift city-based Leasing company, has placed LOI with HAL to purchase five under-development civil version of the Light Utility Helicopter (LUH) with the option of five more helicopters. Helicopter delivery will start in 2025 with DGCA India civil certification. LUH has been developed to cater to a wide range of operating conditions,... Read more

EVfly signs LOI for Axe by Skyfly eVTOL

EVfly signs LOI for Axe by Skyfly eVTOL

12-Oct-2022Source: EVfly

Fleet management and air mobility company EVfly has signed a letter of intent and will pay deposits for the Axe by Skyfly electric vertical takeoff and landing aircraft with delivery expected in 2024. EVfly intends to purchase three Axe aircraft, with an option for five more. EVfly intends to first start our operation in Thailand,... Read more

Eve announced LOI with Embraer and BAE Systems

Eve announced LOI with Embraer and BAE Systems

21-Jul-2022Source: Eve Air Mobility

  Eve Holding, Inc. (“Eve”) (NYSE: EVEX; EVEXW) announced today at the Farnborough Airshow a non-binding Letter of Intent (“LOI”) with Embraer and BAE Systems to explore the potential order of up to 150 electric vertical take-off and landing (eVTOL) vehicles with the aim of examining the aircraft application for the defence and security market. ... Read more

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