This website uses cookies
More information
Air bp
Air bp
The monthly news publication for aviation professionals.

Why visit ACE ’24?

Related background information from the Handbook...
The monthly news publication for aviation professionals.

Request your printed copy

Monte orders thirty Alice all-electric aircraft
The leasing community has an important role to play in reducing carbon emissions, and Monte can place the Alice around its global network. Its LoI for thirty aircraft puts Eviation's order book above $4bn.
Orders for Alice are now valued at over $4 billion.
Read this story in our June 2023 printed issue.

UK-based regional aircraft lessor Monte has signed a letter of intent (LOI) with Eviation Aircraft for up to 30 all-electric commuter Alice aircraft. Monte will provide financing and leasing solutions for the Alice and its associated charging infrastructure to its global customer base of regional aircraft operators.

The Eviation Alice is a nine passenger electric aircraft, the only flight-proven all-electric commuter aircraft of its size. Built from a clean-sheet design around magniX's electric propulsion system, the Alice produces zero carbon emissions and costs a fraction to operate per flight hour compared to light jets or high-end turboprops, thereby providing the opportunity to activate more routes, improving the convenience of air travel.

"The need to accelerate technological solutions to climate change, such as Eviation's Alice, is becoming ever more urgent," says Eviation sales director, EMEA Loic Questiaux. "Just one month ago, the UN's Intergovernmental Panel on Climate Change warned that the planet is likely to pass the threshold of 1.5C warming over pre-industrial temperatures by the early 2030s, a tipping point for the planet's climate. By supporting groundbreaking innovations such as the Alice, Monte is helping to advance much-needed innovation in confronting one of the greatest challenges facing mankind."

"We are delighted to enter into this agreement with Eviation," adds Monte director Rishi Majithia. "The Alice is a unique, well-designed and pioneering aircraft that we are excited to offer to our global customers in the regional aviation industry."

"Passing the $4 billion threshold is a significant marketplace endorsement for the Alice. We are thrilled to welcome Monte as our latest customer, as it shares our vision for a new era of sustainable, responsible aviation," says Eviation president and CEO Gregory Davis. "The leasing community has an important role to play in reducing the aviation industry's carbon emissions. With a network spreading from the Americas to Asia Pacific and throughout Europe, I am excited for how Monte can utilise the Alice to bring sustainable aviation to the world."

Other News
IADA teams with Jetquity on residual value deal
May 30, 2024
Jetquity, which has 80 deals with aircraft buyers, is financially backed by a collection of Middle Eastern family offices, wealth funds and financial institutions. The organisation has already structured numerous guarantees.
IBAC reveals additional industry partners at EBACE
May 28, 2024
Monte commits $300m to seaglider partnership
May 13, 2024
Eviation completes conceptual design review of Alice
May 7, 2024
The conceptual design review of the all-electric Alice aircraft is a significant step toward commercialisation. The aircraft is optimised for certification and streamlined manufacturing.