Sino Jet has inked a monumental procurement agreement with AEROFUGIA, a subsidiary of Geely Group, for the acquisition of 100 state-of-the-art eVTOL aircraft. This strategic milestone aims to forge a pioneering urban mobility ecosystem. Simultaneously, Sino Jet and AEROFUGIA have solidified their partnership through an exclusive strategic cooperation agreement. Both entities are set to collaboratively shape the ongoing airworthiness standards for eVTOLs, providing a comprehensive solution for low-altitude, three-dimensional commercial operations.
Strategic Cooperation Signing Ceremony between Sino Jet and AEROFUGIA
The agility, convenience, and privacy inherent in business jets make them the preferred mode of transportation for time-conscious business executives. Today's business aviation landscape predominantly comprises jet-propelled aircraft, which require designated runways for flights between airports. In contrast, eVTOLs represent an innovative generation of aviation technology marked by safety, reliability, environmental consciousness, and economic efficiency. With minimal takeoff and landing area requirements, zero carbon emissions, stellar performance, and enhanced safety measures, eVTOLs align with environmental and sustainable development principles. Leveraging these strengths, eVTOLs seamlessly complement business jets, elevating the quality of end-to-end travel experiences and further enhancing time efficiency.
Efficient "eVTOL + Business Jet" Connection Scenario
Sino Jet has consistently championed innovation across strategic and operational domains, working tirelessly to create a seamless integrated air travel service for business jet users. The company's steadfast commitment to "green aviation" as a long-term strategy promotes high-quality and sustainable development in the business aviation sector. The significance of the agreement between Sino Jet and AEROFUGIA is monumental. As the largest single order for manned eVTOLs in the Chinese business aviation sector, this agreement marks the introduction of eVTOLs into the business aviation landscape. This integration of eVTOLs is poised to ignite the growth of the eVTOL industry, bringing new opportunities to the business aviation sector. Additionally, this strategic collaboration will accelerate the establishment of an all-encompassing, three-dimensional transportation network in China.
Sino Jet's suite of business aviation services encompasses aircraft management, charter services, ground handling, FBO operations, and luxury travel. With operational and maintenance licenses spanning major global aircraft registration jurisdictions, the company has established operational bases in over 20 cities across the globe. Its fleet includes models from major aircraft manufacturers. Sino Jet advocates sustainable development and was the first in the industry to announce a "carbon-neutral" plan. With a robust information system encompassing the entire spectrum of business jet operations, the company has embraced a digital aircraft management model, leading the industry into a digital aircraft management era.
The AE200 eVTOLs procured by Sino Jet have a maximum range of 200-300 km, a cruising speed of 250 km/h, while the noise of the propellor is only around 45 dB. Having successfully completed its maiden flight, the prototype has embarked on comprehensive type certification efforts. The AE200 is the first tilt-rotor eVTOL to complete full-scale prototype test flight in China.
Inter-city Travel Scenario for eVTOL Business Aviation
Mr. Li Yuanfeng, President of Sino Jet, underscores the potential of eVTOLs in shaping a green, sustainable, and three-dimensional aviation ecosystem. AEROFUGIA, a leading Chinese eVTOL developer and manufacturer under Geely Technology Group, has engineered the AE200 to address market demands with advanced technological achievements, aligning harmoniously with Sino Jet's commitment to “green development”. Sino Jet is primed to forge ahead with business expansion, leveraging the unique strengths of eVTOLs to unlock broader development prospects within the business aviation sector.
Dr. Guo Liang, CEO and Chief Scientist of AEROFUGIA, asserts AEROFUGIA's dedication to creating more efficient business travel experiences with eVTOL characterized by exceptional safety, performance, and comfort. Anticipating future collaboration with Sino Jet, AEROFUGIA seeks to synergize industry resources, facilitating the real-world application of eVTOLs in a range of commercial scenarios.
Strategic Agreement Signing Ceremony for the Purchase of 100 Aircraft between Sino Jet and AEROFUGIA
Ms. Gu Wenting, Vice President of Geely Technology Group, notes that AEROFUGIA serves as Geely Technology Group's platform for low-altitude travel services. Geely Technology Group will continue providing robust support to AEROFUGIA, fostering an open approach that embraces additional collaborative partners. This collective effort aims to accelerate the rapid development of the low-altitude travel industry.
Following the signing of the strategic agreement, Sino Jet will leverage its extensive experience in aircraft operations, deploying a highly digitized aircraft lifecycle management system and a skilled professional team to facilitate the establishment of continuous airworthiness standards and compliance methods for eVTOLs. This concerted effort will expedite the swift commercial operation of eVTOLs, cultivating a smart, efficient, safe, reliable, and sustainable intelligent aerial transportation ecosystem.
