Sirius Aviation AG and PARQ Development join forces

image credit: Sirius Aviation AG

Sirius Aviation AG has announce a partnership with PARQ Development, providing ten hydrogen-powered vertical takeoff and landing (VTOL) jets along with tailored support services to the picturesque landscapes of Bali, Indonesia.

The agreement is estimated to be worth $50 million, reflecting a significant investment in advancing sustainable aviation initiatives.

Under the new deal, PARQ Development will receive five Sirius Millennium Jets and five Sirius Business Jets poised to revolutionize sustainable travel in Bali and the nearby islands.

Additionally, Sirius Aviation AG will establish five vertiports and five hydrogen generators, facilitating VTOL operations, enhancing accessibility, stimulating eco-friendly tourism, and economic growth in Indonesia.

Alexey Popov, the CEO of Sirius Aviation AG said: “Our partnership marks the dawn of a new era for Bali and its surrounding islands, emphasizing zero-emission tourism, sustainable development, and regional economic growth.

“With PARQ’s tailored route planning and outstanding support services, we’re setting a new standard.”

For PARQ’s role in the partnership, they will develop tourist routes and infrastructure, not just in Bali, but on the numerous surrounding islands.

Andre Frey, the Founder of PARQ Development said: “Uniting with Sirius Aviation AG, we’re crafting a new era for Bali tourism—zero carbon footprints in the sky and unforgettable journeys on the ground. Together, we’re flying towards a cleaner, greener tomorrow.”

Sirius Aviation AG and PARQ Development Join Forces, Bringing 10 Hydrogen VTOL Jets to Bali