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Business Air News Bulletin
Business Air News Bulletin
The monthly news publication for aviation professionals.
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Electra Aero, Inc.

Mint Air

BAN's World Gazetteer

South Korea
The monthly news publication for aviation professionals.

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MintAir extends eVTOL commitment with Electra order
MintAir says it will add 50 eSTOL aircraft to its fleet, launching regional air mobility operations for passengers and air cargo in South Korea. The aircraft should be FAA certified during 2026.
MintAir will initially serve existing domestic routes and leverage regional airports, later expanding to new infrastructure made accessible by Electra's eSTOL capability.

South Korea-based advanced air mobility provider MintAir has signed a letter of intent for the purchase of 50 eSTOL aircraft.

MintAir's service will initially cover existing domestic routes and leverage regional airports, later expanding to new infrastructure made accessible by Electra's ultra-short take off and landing capability. For example, MintAir has engaged Seongnam-si, a satellite city of Seoul, as a new AAM hub to provide regional air service directly from a major metropolitan population centre, saving travellers valuable time by avoiding long drives to and transit times through major airports. Located in Gyeonggi Province near the Han River, a mere 26 km from the Gangnam district of Seoul, Seongnam City is a bright, vibrant metropolis nicknamed Korean Silicon Valley thanks to the concentration of Korean tech giants such as Naver, Kakao and KT as well as startup companies.

“Our mission is to develop the safest advanced air mobility service in both urban and regional routes, contributing to decarbonisation of the aviation industry,” says CEO Eugene Choi. “We selected Electra's eSTOL because of its superior safety, the energy-saving lift efficiency of its blown-lift technology, lower operating costs and the clear path to certification as a fixed wing aircraft."

“MintAir joins over 20 other customers in recognising the performance and cost benefits of Electra's next-generation electric aircraft,” adds founder and CEO John S Langford. “We are excited to work with MintAir as it transforms South Korea's transportation market using Electra's eSTOL aircraft to provide ultra-convenient air services out of the smallest spaces.”

Electra's eSTOL aircraft can operate from spaces as small as 300x100 ft (90 x 30m). The quiet, low emissions aircraft is currently being designed to transport up to 1,800 pounds (816kg) of cargo or move nine passengers up to 500 miles (800 km). Electra customers span worldwide AAM providers with operations ranging from urban and regional air mobility to VIP and charter flights, cargo logistics, medical services and more.

Earlier this month MintAir agreed to purchase up to 40 of Jaunt's eVTOL aircraft, and in July 2021, it placed an order with Skyworks Aeronautics for 100 eGyro eVTOL aircraft, a deal that included options for an additional 100 aircraft plus development of a pilot training programme and maintenance and repair capability.

Other News
Bristow secures early delivery for five Electra aircraft
December 5, 2023
Principal launch customer Bristow has paid a deposit to secure early delivery positions for five Electra eSTOL aircraft. It plans to expand and diversify its portfolio of specialised passenger services on 50-500 mile routes.
Electra claims world's first hybrid-electric eSTOL flight
November 23, 2023
The first flight of the two seat, hybrid Goldfinch lasted 23 minutes. It reached an altitude of 3,200ft and covered a distance of approximately 30 miles. A nine seat version is in development.
Overair advances AAM across southeast Asia
October 26, 2023
Overair has inked three agreements at ADEX 2023. They cover the purchase of 20 Butterfly aircraft by HeliKorea, establishing AAM networks in Asia with Daewoo and integrating AAM within the Korean Police Force.