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Aerolease

Eviation Aircraft Ltd
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Eviation Alice

Finance/Leasing

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Eviation order puts 50 Alice with Aerolease
The letter of intent from Aerolease demonstrates the commitment of leasing companies to revolutionising air travel. It has signed for up to 50 commuter aircraft, taking total orders for Alice above $4bn.
Aerolease orders up to 50 Alice electric aircraft to provide financing and leasing solutions to a global customer base of operators.

Eviation Aircraft has signed a letter of intent for up to 50 commuter Alice aircraft with Miami, Florida-based Aerolease, a company focused on sustainable aviation that will provide financing and leasing solutions for the Alice to a global customer base of 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, Alice produces zero carbon emissions and features lower operating costs per flight hour compared to light jets or high-end turboprops, thereby providing the opportunity to activate more routes and improving the convenience of air travel.

"As we gather for the Paris Air Show, the aerospace industry is facing increasing pressure to turn sustainable solutions into reality," says Eviation vice president, commercial sales Eddie Jaisaree. "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 revolutionising 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," adds Aerolease managing partner Jep Thornton. "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 US$ four billion in orders," says CEO Gregory Davis. "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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