Lilium And eVolare Sign Agreements For Purchase Of 4 Lilium Jets, With Option For 12 More
Portfolio Pulse from Benzinga Newsdesk
Lilium and eVolare have signed agreements for the purchase of 4 Lilium Jets, with an option for 12 more. The agreements include delivery schedules, guarantees, and warranties, along with deposits and pre-delivery payments. eVolare plans to operate Lilium Jets in the London area, connecting the city with outer regions and coastal areas.
May 29, 2024 | 7:21 am
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POSITIVE IMPACT
Lilium has signed agreements with eVolare for the purchase of 4 Lilium Jets, with an option for 12 more. This strengthens Lilium's market presence and potential revenue streams.
The agreements with eVolare for the purchase of up to 16 Lilium Jets indicate a strong demand for Lilium's products and a solid partnership. This is likely to positively impact Lilium's stock price in the short term as it enhances market presence and potential revenue.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100