Saudia Group and Lilium N.V. (NASDAQ: LILM), a leading electric
aircraft manufacturer and pioneer in Regional Air Mobility (RAM),
today signed a binding sales agreement for 50 Lilium Jets, with
options for the purchase of 50 more. The signature ceremony was
held at Lilium’s HQ in Gauting near Munich. The contract was signed
by Fahd Al-Jarbou, CEO of Saudia Private, representing Saudia
Group, and Lilium's CEO Klaus Roewe, in the presence of several
distinguished guests including; Michael Kindsgrab, the German
Ambassador to the Kingdom of Saudi Arabia; H.E. Engr. Ibrahim
Al-Omar, Director General of Saudia Group; and Lilium Chairman Tom
Enders.
This sales agreement, which follows the
Memorandum of Understanding between Saudia Group and Lilium signed
in October 2022, marks the largest of its kind in the MENA region
and represents an important industry milestone as the largest
reported firm order of eVTOL aircraft by an airline that plans to
operate the aircraft. It signals a substantial commitment to
electric aviation from a world-leading operator, as well as a clear
preference towards the superior performance, economics, and
passenger experience expected to be provided by the Lilium Jet.
The agreement includes a schedule of deposit and
pre-delivery payments, timeline of future deliveries, guarantees on
aircraft performance, and provisions on spare parts, maintenance,
and repairs. In addition, the parties intend to sign a
comprehensive “Lilium POWER-ON” agreement for aircraft fleet
maintenance and support services.
H.E. Engr. Ibrahim Al-Omar, Director
General of Saudia Group, commented at the signing
event: “Saudia Group is proud to pioneer the MENA
region as the first company to acquire all-electric eVTOL jets,
which reflects our commitment to continuously reducing our carbon
footprint and becoming an industry leader in regional electric
aviation. We recognize the critical role that Lilium is positioned
to play in enabling us to deliver a sustainable premium aviation
experience and transport our guests even closer to their
destination. This agreement amplifies our commitment to the Saudi
Vision 2030 and is the result of a collaborative effort over the
past years between Lilium and Saudia Group to explore how we can
best bring eVTOL to the skies of Saudi Arabia. We are looking
forward to the journey ahead.”
He added: “The eVTOL jets are revolutionizing
guest transportation. Their unique vertical take-off and landing
capabilities open up entirely new routes. Imagine traveling up to
175 kilometers at speeds of 250 kilometers per hour, saving
valuable time compared to traditional options. This technology also
tackles traffic congestion head-on. Business travelers and
exhibition attendees will benefit tremendously from the ease and
speed of electric aircraft, allowing them to seamlessly attend and
participate in events. These innovative vehicles will also be a
game-changer for tourism, sports, and entertainment, offering a
premium travel experience for these exciting destinations."
Through this agreement, Saudia Group continues
its ambitious objective to bring the world to the Kingdom by
deploying its fleet of advanced eVTOL jets. This initiative
enhances connectivity by providing seamless first and last leg
connections into Saudia Group’s regional hubs and new
point-to-point city connections, such as Jeddah to Makkah, expected
to reduce regional travel times by up to 90%. These jets will
support Hajj and Umrah pilgrimages, offer faster access to key
sports and entertainment events in Riyadh, and unlock new
possibilities for exploring hard-to-reach tourist destinations
across the Kingdom. Additionally, business travelers attending
conferences and events will benefit from improved access and swift
transportation. The eVTOL jets are anticipated to increase flight
frequencies and decrease traffic congestion, providing a fast and
convenient alternative for reaching various destinations within the
Kingdom.
Saudia Group expects to receive the first jets
in 2026, for which operations will be managed and run by Saudia
Private, a subsidiary of Saudia Group. The Lilium Jet will feature
large, premium cabins with capacity for up to six passengers plus
luggage. It will deliver the Saudia premium experience that is
deeply valued by the airline’s guests.
Prior to commercialization, Saudia Group will
provide strategic support in Lilium’s certification process with
the General Authority of Civil Aviation (GACA), Saudi Arabia’s
aviation regulatory agency.
Klaus Roewe, CEO of Lilium,
said: “We are proud of our partnership with a market leading
airline such as Saudia. And we are thrilled to be pioneering
progress in the eVTOL industry as the eVTOL manufacturer with the
largest reported firm purchase order from an international airline
that plans to operate the aircraft. The Middle East is a priority
for Lilium, and Saudi Arabia will be a very large and exciting
market for electric, high-speed regional air mobility. Our
partnership will combine Saudia Group’s significant market
knowledge with our unique eVTOL technology to transform premium
class air travel in the GCC region.”
This purchase agreement with Saudia Group marks
the latest addition to Lilium’s extensive order pipeline that now
consists of 106 firm orders and reservations, 76 options, and
roughly 600 aircraft under MOU. Lilium is in advanced discussions
with additional global carriers that are looking to reduce carbon
emissions and electrify regional air travel.
About Lilium
Lilium (NASDAQ: LILM) is creating a sustainable
and accessible mode of high-speed, regional transportation for
people and goods. Using the Lilium Jet, an all-electric vertical
take-off and landing jet, designed to offer leading capacity, low
noise, and high performance with zero operating emissions, Lilium
is accelerating the decarbonization of air travel. Working with
aerospace, technology, and infrastructure leaders, and with
announced sales and indications of interest in Europe, the United
States, China, Brazil, UK, and the Kingdom of Saudi Arabia,
Lilium’s 1,000+ strong team includes approximately 500 aerospace
engineers and a leadership team responsible for delivering some of
the most successful aircraft in aviation history. Founded in 2015,
Lilium’s headquarters and manufacturing facilities are outside
Munich, Germany, with teams based across Europe and the U.S. To
learn more, visit www.lilium.com.
About Saudia Group:
Saudia Group is one of the largest aviation conglomerates in the
MENA region. The Group drives industry development with its 12
subsidiaries and strategic business units, and offers world-class
air transport, cargo services, ground services, logistics,
maintenance, catering, private aviation, real estate, training, and
medical services.
Its most prominent subsidiary is Saudi Arabian Airlines
“Saudia”, the national flag carrier of Saudi Arabia and a leading
airline in the Middle East with a fleet of 144 aircraft and
servicing more than 100 destinations to and from the Jeddah (JDH)
and Riyadh (RUH) airports.
Saudia Group also caters to diverse passenger segments through
entities like flyadeal for economy travelers, Saudia Private for
elite travelers, and the Saudia Royal Fleet for the Saudi Arabia
Royal Family. Saudia Technic, the Maintenance, Repair, and Overhaul
(MRO) division, provides aircraft maintenance and manufacturing
across continents, operating across the MENA region. Saudia
Academy, the training arm of the group, is the largest aviation
training academy in the MENA region.
Lilium contact information for Media:
Rainer Ohler
+491724890353rainer.ohler.ext@lilium.compress@lilium.com
Lilium Contact information for investors:Rama
BondadaVice President, Investor
Relationsinvestors@lilium.com
Media Center Saudia Group:
Saudi Arabian Airlines HeadquartersJeddah 21231, Kingdom of
Saudi ArabiaEmail: MediaCenter@saudia.com
Lilium Forward-Looking Statements:
This press release contains certain
forward-looking statements within the meaning of the U.S. federal
securities laws, including, but not limited to, statements
regarding (i) Lilium N.V.’s and its subsidiaries (collectively, the
“Lilium Group”) proposed business and business model, (ii) the
markets and industry in which the Lilium Group operates or intends
to operate, (iii) the expected features and specifications of
the Lilium Jet, (iv) the anticipated timing of the
commercialization and launch of the Lilium Group’s business in
phases, including the Lilium Group’s progress toward type
certification (and type certificate validation) of its Lilium Jet
with EASA and the FAA, and (v) the Lilium Group’s
agreement with Saudia Group for the purchase of 50 Lilium
Jets, with an option for Saudia Group to purchase an additional 50
Lilium Jets, the timing of initial deliveries of Lilium Jets, the
potential for pre-delivery payments and Lilium’s ability to access
and utilize such, the proposed development and operation of an
eVTOL network in the Kingdom of Saudi Arabia and the intended
execution of an agreement for aircraft fleet maintenance and
support services. These forward-looking statements generally
are identified by the words “anticipate,” “believe,”
“could,” “expect,” “estimate,” “future,” “intend,” “may,” “on
track,” “plan,” “project,” “should,” “strategy,” “will,” “would”
and similar expressions. Forward-looking statements are
predictions, projections, and other statements about future events
that are based on management’s current expectations with respect to
future events and are based on assumptions and subject to risks and
uncertainties that are subject to change at any time. Actual events
or results may differ materially from those contained in the
forward-looking statements. Factors that could cause actual future
events to differ materially from the forward-looking statements in
this press release include (but are not limited to) the risk
that Lilium experiences delays in obtaining, or fails to
obtain, type certification for the Lilium Jet in Europe, the United
States, the Kingdom of Saudi Arabia and/or the other markets that
it conducts or intends to conduct sales activities, as well as
those risks and uncertainties discussed in Lilium N.V.’s filings
with the U.S. Securities and Exchange Commission (the “SEC”),
including in the section titled “Risk Factors” in Lilium N.V.’s
Annual Report on Form 20-F for the year ended December 31, 2023, on
file with the SEC, and similarly titled sections in Lilium’s other
SEC filings, all of which are available at www.sec.gov.
Forward-looking statements speak only as of the date they are made.
You are cautioned not to put undue reliance on forward-looking
statements, and the Lilium Group assumes no
obligation to, and does not intend to, update, or revise
these forward-looking statements, whether as a result
of new information, future events or otherwise.
Lilium NV (NASDAQ:LILM)
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Lilium NV (NASDAQ:LILM)
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から 7 2023 まで 7 2024