Elysian, a pioneer in next-generation battery-electric aircraft, and TrueNoord, a specialist regional aircraft lessor have signed a collaboration agreement “to bring together aircraft innovation and leasing expertise in support of the E9X, Elysian’s flagship programme for emission-free short-haul aviation”. The partnership agreement was signed during the European Regions Airline Association (ERA) General Assembly in Estoril.
TrueNoord said the partnership would be based “around a series of strategic sessions addressing critical topics for financing and leasing such as direct operating costs, residual value and after-sales support for the E9X aircraft. These sessions confirm the interest of TrueNoord to investigate these aircraft and will provide a platform for open dialogue between innovators, financiers, airlines and other stakeholders across the sustainable aviation ecosystem”.
Co-Founder and Co-CEO of Elysian Aircraft, Daniel Rosen Jacobson stated that, “the future of aviation will not be built by technology alone, but by the strength of an ecosystem working together. Through our partnerships with airlines and now with TrueNoord, who as a lessor of regional aircraft understands the dynamics of a 90-passenger aircraft better than anyone, we ensure that E9X is not only technologically viable, but it also addresses commercial and financial expectations of the industry’’.
CEO of TrueNoord, Anne-Bart Tieleman added that “We strongly believe that lessors including TrueNoord are an integral part of the future technology aircraft ecosystem by enabling the provision of optimised leasing solutions for our lessees. This will generate the revenue needed for the new generation of OEMs, including Elysian, to both thrive and reward their investors for the risk they take to develop the new aircraft. The purpose of the TrueNoord New Technology Hub is to ensure that the economics of such aircraft are sufficiently attractive for our customers to make that step’’.
Elysian and TrueNoord partnership add “the lessor perspective to the E9X programme, complementing its technical development with financial and operational expertise”. The E9X is an electric aircraft expected to be in service by the 2030s. It will seat 90 passengers with an initial range of 800 kilometers.