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Fri, Oct 22, 2021

Aura Aero Receives LOI for 200 Electric Regional Aircraft

19-Seater Finds Customers While Still in Mockup Form

French sustainable aviation manufacturer Aura Aero has announced their signage of an LOI for their prospective Electric Regional Aircraft (ERA), a 19-seat commercial passenger craft for small passenger carriers and regional airlines. Amedeo has signalled its intent for purchase 200 in total, to get a head start on green aircraft in their leasing fleet as the net-zero industry goal approaches in 2050. 

The race for low-emission, hybrid, and electric aircraft for passenger service has brought in billions of dollars as a multitude of new companies vie for the crown. Government regulations, industry benchmarks, and bragging rights for marketing departments make for an irresistible combination that companies like Aura Aero sprint to fulfill ahead of legacy manufacturers. Only 3 years old, with their electric single trainer plane, Integral (or, what seems to be mandatory styling for electric aircraft: INTEGRAL), still on preorder.

This purchase agreement bodes well for their progress, with the buy signalling investor confidence that their recently announced ERA will live up to the hype. The 19-passenger, electric aircraft sports a high-wing with six propellers, with any more details unknown while still in prototype, 3D mockup form. Interest has been garnered since its announcement last summer, however, as the industry is rife with AAM pods and sky cars, but short on short-haul aircraft that can fly the line with pax aboard. 

“For Amedeo, sustainable aviation is more than aspirational and we are committed and focused on partnerships in sustainable aviation that will define the next three decades in aerospace. We have seen various concepts showcased in the market and Aura Aero has an edge with the skillset, talent and design that we stand behind. Their prototype Integral, is the first stepping stone to a larger electrical regional aircraft,” said Gabriella Lapidus, CCO at Amedeo. 

“We are proud to be partnered with Amedeo. Their expertise in structured finance solutions across multiple asset classes is instrumental to where we are taking AURA AERO and look forward to our close collaboration going forward. We are pleased, thanks to our expertise and industrial capability, to build up the future of aeronautics,” said Jérémy Caussade, Co-founder & President of AURA AERO.

FMI: www.amedeo.aero, https://aura-aero.com/

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