JetSetGo has signed a Letter of Intent for the purchase of 50 Butterfly eVTOL aircraft from Overair.
The deal was done alongside other commitments made with Horizon Aircraft and Electra.aero during Wings India 2024 at Begumpet airport in Hyderabad. JetSetGo CEO and co-founder Kanika Tekriwal says: "I am very excited about the partnerships we are building and the scale of the vision these agreements represent. India's geography and demographics make it an ideal launch market for AAM. Our partnership with these three leading innovators will introduce unique technologies like 'blown lift' and 'fan-in-wing' lift systems, hybrid and electric propulsion, and super-quiet optimal speed tilt rotors to India. We want to lead the transformation of urban and regional connectivity and believe we have the right partners and technologies to make this vision a reality. The scale of the agreements we've signed this week emphasises the scale of our ambition and belief in these new technologies.
"The enthusiasm and ideas showcased at the conference reaffirm our belief; India has the energy and the building blocks to become the world's leader in AAM solutions tailored for developing economies. JetSetGo will strive to play the role of an accelerant by leading the discussion and debate in India, pioneering the application of cutting-edge global technologies and engaging local stakeholders in a collaborative effort to make advanced air mobility a reality."
"We're thrilled that JetSetGo has selected Overair to support its commitment to bringing sustainable, advanced air mobility to India's rapidly growing and innovative transportation system," says CCO Valerie Manning. "Butterfly will provide a safe, quiet and efficient mobility solution for urban and regional transport across the broadest range of weather conditions and geographic environments. In addition, the associated advanced air mobility ecosystem will create a multitude of jobs and fuel economic growth."
Overair will also support JetSetGo's upcoming AAM ecosystem with infrastructure advice, pilot training, infrastructure and software integration, operational guidance and vertiport software integration.
The on demand airline is also exploring new routes using Electra.aero's eSTOL capabilities, to establish vital connectivity between India's cities and regional transportation hubs for communities underserved by flight.
"India's geography and demographics make it an ideal launch market for advanced air mobility. We believe Electra is the right partner with the technology to make this vision a reality," says Tekriwal.
"JetSetGo continues to be a first mover in India's private aviation market by embracing AAM. Electra is committed to partnering with JetSetGo for the long term to grow regional transportation markets and help bring jobs and vital economic growth to communities in India," adds Electra chief product officer Marc Ausman.
Just a few days previously, JetSetGo signed for 50 Cavorite X7 eVTOL aircraft from Horizon at a cost of $250m, with the option to extend with a further 50 units.