Lilium Signs Agreement With Air-Dynamic To Serve Switzerland And Italy
Portfolio Pulse from Benzinga Newsdesk
Lilium N.V. (NASDAQ:LILM) has signed an agreement with Switzerland-based Air-Dynamic SA for the delivery of up to five all-electric vertical take-off and landing (eVTOL) jets. Air-Dynamic will operate and manage the jets for customers in Switzerland and Italy, expanding Lilium's reach into the high-end European business travel and tourism market.
May 22, 2023 | 10:01 pm
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Lilium's agreement with Air-Dynamic SA for the delivery of up to five eVTOL jets expands its reach into the high-end European business travel and tourism market.
The agreement with Air-Dynamic SA is a positive development for Lilium as it expands its reach into the high-end European business travel and tourism market. This partnership will allow Lilium to leverage Air-Dynamic's experience in operating and managing private jets and helicopters in the region, potentially increasing demand for its eVTOL jets and boosting its market presence.
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