Solyu orders Eviation all-electric commuter aircraft

Solyu, a leasing company based in Seoul, South Korea, signed a letter of intent (LOI) for 25 commuter Eviation Aircraft Alice all-electric aircraft, with options for 25 additional aircraft. Solyu is focused on supporting sustainable aviation by providing financing and leasing solutions for the Alice to a global customer base of operators.

The nine-passenger Eviation Alice is built from a clean-sheet design integrating magniX's electric propulsion system, Alice produces zero carbon emissions in flight and offers lower operating costs per flight hour compared to light jets or high-end turboprops – providing the opportunity to activate more routes, improving the convenience of air travel.

"Solyu's order is a testament to how lessors are embracing Alice as the future of flight," said Eddie Jaisaree, vice president, Commercial Sales at Eviation. "The leasing community is an important constituent in bringing about sustainable change in the aviation industry."

"We are very excited to work with Eviation to bring sustainable aviation to the market," said Andrew Claerbout, president of Solyu. "With aviation regulations focusing on sustainability and airlines demanding to reduce their carbon footprint, we see Alice as a major contributor to meeting those targets."

"As we continue to take important steps toward certification, Alice has now secured $5 billion in orders," said Gregory Davis, CEO of Eviation. "We are delighted to have Solyu, our newest leasing customer, join us in our mission to lead the electric age of aviation."