GENEVA/MUNICH, May 29, 2024 – Lilium N.V. (NASDAQ:LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet and global pioneer in regional air mobility (RAM), today announced an expansion of its partnership with Luxaviation Group, one of the largest business aircraft and helicopter operators worldwide.
The expansion will unlock and leverage ExecuJet’s network of Fixed Based Operations (FBOs)—together with newly developed locations—to create electrified ground infrastructure for the Lilium Jet in key markets across Europe initially, with further sites in the Middle East planned.
Part of the Luxaviation Group, ExecuJet is an industry leader in ground handling and provides first class facilities for business aircraft, passengers, and crew across the world. Earlier this month, ExecuJet expanded its global footprint to 141 FBOs following its acquisition of Sky Valet. ExecuJet’s expansive FBO network will serve as a key foundation for the Lilium Jet’s growing networks across the EMEA region.
One area that is targeted for electrification is ExecuJet’s expanded presence in France, following a partnership with EDEIS, a leading French engineering and infrastructure management firm. This includes Aix-en-Mille, located strategically in the South of France in Aix-en-Provence.
Luxaviation Group is embracing the potential of eVTOL and RAM as it looks ahead to its decarbonization roadmap, and the mandate of its Sigma Air Mobility business is to implement and develop decarbonized air mobility for the Luxaviation Group.
The expanded partnership between Lilium and Luxaviation Group represents Lilium’s mission to bring safe and sustainable regional air mobility to life with the Lilium Jet. With its pioneering architecture leveraging the advantages of Ducted Electric Vectored Thrust (DEVT), it brings remarkable efficiency and accessibility to regional aviation—all with zero operating emissions.
Patrick Hansen, Chief Executive Officer, Luxaviation Group, said: “Luxaviation has the expertise, size and global presence to further the green agenda and we set ourselves objectives advancing towards green business aviation. Luxaviation is leading from the front in identifying and supporting green aviation initiatives at their FBOs and in leveraging new technology like the Lilium Jet.”
Christophe Lapierre, Chief Executive Officer, Sigma Air Mobility, said: “As the momentum behind Advanced Air Mobility (AAM) now shifts from development to deployment, the establishment of local operations, airspace integration and ground infrastructure becomes even more essential. We’re pleased to enter into this new phase of our partnership with Lilium to address some of these enablers for the first European networks in this new category of sustainable aviation.”
Sebastien Borel, Chief Commerical Officer, Lilium, said: “We’re delighted to be embarking on the next stage of our valued partnership with Luxaviation Group. At the heart of making sustainable regional air mobility a success is a robust and interconnected operational network, which Luxaviation and its ExecuJet network of FBOs strongly demonstrates. We’re excited to work together in bringing the Lilium Jet to these key markets.”
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About Lilium
Lilium (NASDAQ: LILM) is creating a sustainable and accessible mode of high-speed, regional transportation for people and goods. Using the Lilium Jet, an all-electric vertical take-off and landing jet, designed to offer leading capacity, low noise, and high performance with zero operating emissions, Lilium is accelerating the decarbonization of air travel. Working with aerospace, technology, and infrastructure leaders, and with announced sales and indications of interest in Europe, the United States, China, Brazil, the UK, the United Arab Emirates, and the Kingdom of Saudi Arabia, Lilium’s 1000+ strong team includes approximately 500 aerospace engineers and a leadership team responsible for delivering some of the most successful aircraft in aviation history. Founded in 2015, Lilium’s headquarters and manufacturing facilities are in Munich, Germany, with teams based across Europe and the U.S. To learn more, visit www.lilium.com.
