Avolon, JAL to establish eVTOL ride sharing business
Aircraft leasing company Avolon and Japan Airlines have formed a partnership to introduce zero-emissions eVTOL aircraft in Japan.
Avolon, through its investment affiliate Avolon-e, has formed a strategic partnership with JAL to identify and target local partners and customers, infrastructure requirements, certification, and a range of commercial models.
They will introduce one of the world’s first eVTOL ride sharing businesses in Japan.
Through this partnership, JAL will have a right to purchase or lease up to 50 Vertical VA-X4 eVTOL aircraft from Avolon, with the option to purchase or lease up to 50 more.
Domhnal Slattery, Avolon CEO, said: "This latest long-term partnership with JAL aligns us with one of Japan’s leading airlines on their journey to sustainability and to decarbonizing air transport. The VA-X4 will be certified to CAA and EASA’s stringent safety regulations."
"We believe JAL’s multi-decade experience will prove invaluable as Vertical seeks type certificate validation with the Japan Civil Aviation Bureau."
They are targeting the Osaka Kansai EXPO in 2025 to be operational.
"This represents an important step towards the social implementation of Air Taxi at Osaka Kansai EXPO in 2025. Our partnership with Avolon, lays out the pathway towards achieving an air mobility revolution in Japan. The introduction of VA-X4 will also contribute to reduce our environmental impact and we fundamentally believe that sustainability will be the engine for future growth," JAL said.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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Avolon, JAL to establish eVTOL ride sharing business – Support
Aircraft leasing company Avolon and Japan Airlines have formed a partnership to introduce zero-emissions eVTOL aircraft in Japan.
Avolon, through its investment affiliate Avolon-e, has formed a strategic partnership with JAL to identify and target local partners and customers, infrastructure requirements, certification, and a range of commercial models.
They will introduce one of the world’s first eVTOL ride sharing businesses in Japan.
Through this partnership, JAL will have a right to purchase or lease up to 50 Vertical VA-X4 eVTOL aircraft from Avolon, with the option to purchase or lease up to 50 more.
Domhnal Slattery, Avolon CEO, said: "This latest long-term partnership with JAL aligns us with one of Japan’s leading airlines on their journey to sustainability and to decarbonizing air transport. The VA-X4 will be certified to CAA and EASA’s stringent safety regulations."
"We believe JAL’s multi-decade experience will prove invaluable as Vertical seeks type certificate validation with the Japan Civil Aviation Bureau."
They are targeting the Osaka Kansai EXPO in 2025 to be operational.
"This represents an important step towards the social implementation of Air Taxi at Osaka Kansai EXPO in 2025. Our partnership with Avolon, lays out the pathway towards achieving an air mobility revolution in Japan. The introduction of VA-X4 will also contribute to reduce our environmental impact and we fundamentally believe that sustainability will be the engine for future growth," JAL said.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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