Electra, a next-gen aerospace company to help decarbonise aviation and open new air transportation markets, has 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 19 when it signed a Letter of Intent (LOI) with JetSetGo Aviation Services at Wings India 2024, in addition to recent LOIs with travel industry leaders LYGG in Finland and Charm Aviation 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, 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,” said Kanika Tekriwal, JetSetGo’s COO and co-founder.

“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,” said Marc Ausman, Electra chief product officer.
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