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Azul plans USD1 billion electric plane deal
Brazil’s Azul plans to kick out the carbon by purchasing $1 billion of VTOL (Vertical Take-Off and Landing) electric aircraft. It signed a tenatative agreement with German manufacturer Lilium. The strategic association accord could see Azul buyng more than 200 aircraft and developing a network of VTOL airports in Brazil.
Aircraft could begin operating by 2025. Azul currently has 160 aircraft, operating 200 routes with a pre-pandemic average of 700 daily flights.
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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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