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Amedeo, AURA AERO ink strategic agreement, letter of intent purchasing 200 Electric Regional Aircraft ‘ERA’

KUALA LUMPUR, Oct 20 -- Amedeo, a global leading aircraft Asset Manager and principal investor in aircraft leasing, and AURA AERO have announced a strategic partnership agreement and a letter of intent to purchase 200 Electric Regional Aircraft (‘ERA’).

AURA AERO has created a clean sheet design while integrating new technologies, as well as existing technologies such as fly by wire, and is driving digital efficiencies to build revolutionary momentum in creating an electrical aircraft.

According to a statement, with its current prototype aircraft, INTEGRAL, AURA AERO is achieving design and production maturity at a fraction of the cost and will carry that to the commercially sized 19- seater, Electric Regional Aircraft named ‘ERA’.

“Amedeo are delighted to have signed an LOI for 200 Electric Regional Aircraft ‘ERA’, that draws the commercial aviation industry closer to achieving its goal of net-zero by 2050,” said Chief Commercial Officer at Amedeo, Gabriella Lapidus.

“We are very pleased to be partnered with AURA AERO in leading such an important climate supporting initiative for the future.”

Meanwhile, Co-founder & President of AURA AERO, Jérémy Caussade said: “We are proud to be partnered with Amedeo. Their expertise in structured finance solutions across multiple asset classes is instrumental to where we are taking AURA AERO and look forward to our close collaboration going forward.”

AURA AERO, based in Toulouse at the heart of the world leading aeronautic hub, is a three-year-old aerospace company developing design and manufacturing processes for fully digital electric aircraft.

Amedeo has financed a wide spectrum of aircraft types with long-term relationships with OEMs, airlines and financiers. The Management team has a proven track record of successfully spearheading new technologies across various asset classes.

More details at www.amedeo.aero.

-- BERNAMA

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