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Lilium said strong interest from private buyers to own or use a Lilium Jet has led the eVTOL developer to create new channels to offer its Jets to private individuals — either through a direct sale or a fractional ownership program.
“We believe that the private and business professional segments will be highly attractive markets in the future and, likewise, early adopters of the eVTOL revolution,” said Daniel Wiegand, co-founder and CEO of Lilium, in a statement today.
The German startup announced to shareholders last week that through a memorandum of understanding (MOU) with NetJets, the private jet company can purchase up to 150 Lilium Jet eVTOL aircraft for its fractional ownership program. The aircraft will now be offered as a premium four-passenger “club cabin” for private individuals or business professionals.
As long as the companies finalize the terms of the agreement, the MOU includes arrangements for Lilium to sell its aircraft directly to private individuals and have them operated by NetJets or its affiliates. The companies are also exploring a business model for Lilium’s planned network in Florida with Ferrovial, as well as other regions in the U.S. and Europe, where NetJets or its affiliates will potentially be the flight operator for those shuttle flights.