Lilium Receives Order for 20 eVTOLs from Florida-Based UrbanLink

UrbanLink is the first U.S. airline to fully commit to integrating eVTOL aircraft into its fleet, per Lilium.

(Miami, Florida) Electric vertical takeoff and landing (eVTOL) vehicle developer Lilium N.V. (NASDAQ: LILM) today announced its partnership with newly-launched advanced air mobility (AAM) operator UrbanLink to operate Lilium Jets in South Florida; as part of the agreement, UrbanLink will purchase 20 Lilium Jets with scheduled pre-delivery payments.

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Rendering of the Lilium Jet courtesy of Lilium.

Per today’s press release from Lilium, the positions UrbanLink as the first airline in the United States to have fully committed to integrating eVTOL aircraft into its fleet.

UrbanLink is led by Ed Wegel, a seasoned airline executive with 40 years of experience in financing, operations and distribution, per Lilium. Wegel has raised more than $1 billion for aviation ventures and led FAA certifications for two U.S. Part 135 airlines and several U.S. Part 121 carriers, including achieving the 2014 certification of Eastern Air Lines' 737-800 fleet in a record-breaking eight months.

“While many airlines have discussed the potential of operating eVTOL aircraft, none have made a definitive commitment,” Wegel said. “UrbanLink will be the first airline in the U.S. to integrate eVTOL aircraft into its fleet. We are dedicated to revolutionizing the way people move to and from as well as within urban cores. After thorough evaluation of various manufacturers, we found the Lilium Jet to be the optimal choice for our needs, thanks to its superior cabin design, range, capacity, and cost-effectiveness.”

The service launch for Lilium’s eVTOL network in South Florida is planned for 2026.

Lilium’s Chief Commercial Officer Sebastian Borel commented: “We are proud that UrbanLink has selected the Lilium Jet for its network and operations. This is a huge milestone, not only for Lilium, but for the commercialization of eVTOLs in the U.S. We believe that this purchase of eVTOL aircraft is the first by a commercial operator that isn’t invested in the manufacturer that it is purchasing from.”

The first piloted flight test of the Lilium eVTOL jet is targeted to occur late in 2024, per Lilium.

Newsfeed: Thursday, May 30, 2024