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Ultra-short takeoff and landing plane rakes in $8 billion in pre-orders
New Atlas ^ | January 24, 2024 | By Loz Blain

Posted on 01/31/2024 12:57:03 PM PST by Red Badger

Electra, a next-gen aerospace company with a mission to help decarbonize aviation and open new air transportation markets, today announced its achievement of pre-order sales of over 2,000 electric short takeoff and landing (eSTOL) aircraft with a market value exceeding $8 billion. Electra passed the order milestone on January 19th when it signed a Letter of Intent (LOI) with JetSetGo Aviation Services Private Ltd. ("JetSetGo") at Wings India 2024, in addition to recent LOIs with travel industry leaders LYGG ("LYGG") in Finland and Charm Aviation, LLC ("Charm") in New York City to introduce Electra's eSTOL aircraft in their respective markets.

Electra's order book underscores strong interest from a broad array of flight operators across diverse markets. These operators are opting for Electra's eSTOL aircraft to offer a more convenient and sustainable air travel experience for their customers. Whether facilitating short-distance flights from urban vertiports, covering longer journeys of up to 500 miles to regional airports, or flying adventure tours or medical missions to locations without ground infrastructure, Electra's partners value the unparalleled flexibility, safety, and economics of Electra's eSTOL aircraft.

JetSetGo Aviation Services Partnership

JetSetGo, India's first marketplace for private jet and helicopter charters, operates India's largest on-demand aircraft fleet. Electra and JetSetGo are collaborating to explore relevant markets and identify new routes using eSTOL capabilities. These routes will 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 (AAM). We want to lead the transformation of urban and regional connectivity and believe Electra is the right partner with the technology to make this vision a reality," remarked Kanika Tekriwal, JetSetGo's Chief Operating Officer (CEO) and co-founder.

(Excerpt) Read more at newatlas.com ...


TOPICS: Business/Economy; Military/Veterans; Travel; Weird Stuff
KEYWORDS: aviation; ev
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To: Red Badger

So Mr. 2nd you have the choice of flying Electra’s eSTOL or a Boeing 737 Max.

“Uhh, Nevermind. I think I’ll drive.”


21 posted on 01/31/2024 1:27:13 PM PST by Responsibility2nd (A truth that’s told with bad intent, Beats all the lies you can invent ~ Wm. Blake)
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To: moovova

At least the wheel didn’t fall off....................


22 posted on 01/31/2024 1:29:08 PM PST by Red Badger (Homeless veterans camp in the streets while illegal qs are put up in hotels.....................)
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To: Red Badger
India's geography and demographics make it an ideal launch market for Advanced Air Mobility (AAM)

They will use the short takeoff feature to allow wealthy commuters to bypass urban congestion. After a few years in India and other Third World countries, they can apply for FAA certification.

23 posted on 01/31/2024 1:35:18 PM PST by SauronOfMordor (Either you will rule. Or you will be ruled. There is no other choice.)
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To: small farm girl
"How are they generating the electricity?"

They don't really define "hybrid-electric". Also the demonstration flight was with a two-seater, which reached 3,200 feet and went 30 miles.

How far will the plane go with nine passengers plus luggage plus one pilot in the middle of a winter snowstorm while circling the airport waiting for the runway to be cleared?

24 posted on 01/31/2024 1:35:18 PM PST by Carl Vehse
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To: Red Badger

Not a big deal. The $8 billion was not transferred. These are orders like, “OK, if you build them and they test out to the specs you claim, put us down for $8 billion in airplanes.”

Lots of startup aircraft companies get these type of loosey-goosey orders for fund raising purposes.


25 posted on 01/31/2024 1:35:50 PM PST by CodeToad (Rule #1: The elites want you dead.)
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To: ProtectOurFreedom
ProtectOurFreedom @9: I can't believe how the VC money flows to anybody with a business plan that says " Our mission to help decarbonize industry XYZ."

Carbonphobia rots the brain.

26 posted on 01/31/2024 1:38:32 PM PST by Carl Vehse
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To: Red Badger
"India's geography and demographics make it an ideal launch market for Advanced Air Mobility (AAM)..."

Yes, it looks like crashing one of those in the Himalayas would be a lot safer than crashing an ATR-72. :)

27 posted on 01/31/2024 1:40:41 PM PST by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: Red Badger

It has 8 toy propellers.


28 posted on 01/31/2024 1:42:04 PM PST by dennisw (Be positive. Every day is a new dayt)
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To: Red Badger

“Passengers will each be issued a asbestos suit and a life jacket..................”

.. and an XBox controller.


29 posted on 01/31/2024 1:42:30 PM PST by CodeToad (Rule #1: The elites want you dead.)
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To: Red Badger

There will be a lot of used ones for sale soon after.


30 posted on 01/31/2024 1:42:40 PM PST by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: monkeyshine

Huh ... to me, it looks like a Twin Otter with way too many engines ...


31 posted on 01/31/2024 1:43:49 PM PST by NorthMountain (... the right of the people to keep and bear arms shall not be infringed)
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To: moovova
Smoking the tires on landing is absolutely normal.


32 posted on 01/31/2024 1:47:47 PM PST by NorthMountain (... the right of the people to keep and bear arms shall not be infringed)
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To: Carl Vehse

There was a great Dilbert cartoon lampooning the go go Internet boom. It’s appropriate here. It was Wally looking for venture capital. He said something like this: “If you go in with your “pitch” wearing a ponytail, it’s an extra million “. It’s probably the same now with all things Green & NetZero!


33 posted on 01/31/2024 1:48:24 PM PST by Reily (!!)
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To: Red Badger

Arm flapping battery humpers have fun with that


34 posted on 01/31/2024 1:58:33 PM PST by NWFree (Sigma male 🤪)
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To: Yo-Yo

I like the idea of hybrid electric over plug in electric...that would suck to need to “refuel” in air ;)


35 posted on 01/31/2024 1:59:24 PM PST by small farm girl
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To: Red Badger

https://www.theonion.com/mean-automakers-dash-nations-hope-for-flying-cars-1819594674


36 posted on 01/31/2024 2:02:18 PM PST by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: Red Badger

It’s as if they never heard of a helicopter.


37 posted on 01/31/2024 2:14:02 PM PST by subterfuge (I'm a pure-blood!)
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To: Carl Vehse

Yep. Greeniaces infected with Carbonphobia. It’s a serious affliction. Unfortunately, the government’s cure is to pour hundreds of billions of OUR dollars onto those afflicted in the hope they get well.


38 posted on 01/31/2024 2:25:19 PM PST by ProtectOurFreedom (“Occupy your mind with good thoughts or your enemy will fill them with bad ones.” ~ Thomas More)
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To: monkeyshine

Clever, that!


39 posted on 01/31/2024 2:53:59 PM PST by Seaplaner (Never give in. Never give in. Never, never, never...in nothing, great or small...Winston ChurchIill)
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To: ryderann

“Anyone else remember back in the 60s, if you wanted to fly into Washington National (DCA) it had to be on an Electra...nothing larger?”

I saw the name and recoiled in horror. How could they use that name??! Electras fell out of the skies at an alarming rate per mileage and were grounded.


40 posted on 01/31/2024 3:00:28 PM PST by SaxxonWoods (Are you ready for Black Lives MAGA? It's coming.)
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