Tag: Letter of Intent (LoI)

XTI Aerospace signs letter of intent with AVX aircraft company

XTI Aerospace, Inc. today announced that its subsidiary, XTI Aircraft Company, has signed a Letter of Intent ("LOI") with AVX Aircraft Company to provide development, design, and certification services to support XTI Aircraft's proprietary and patented TriFan 600, a fixed-wing aircraft with vertical...

magniX announces letter of Intent with Harbour Air for 50 magni650 electric engines

magniX today announced that Harbour Air, North America’s largest seaplane airline, has signed a Letter of Intent (LOI) to purchase 50 magni650 electric engines. magniX’s electric propulsion units (EPUs) will be used to electrify Harbour Air’s fleet, beginning with the De Havilland DHC-2 Bea...

Eve Air mobility and AirX Inc. sign letter of intent

Eve Air Mobility has signed a letter of intent with AirX Inc., Japan’s largest public helicopter air charter service, for up to 10 firm and up to 40 optional electric vertical takeoff and landing (eVTOL) aircraft. The order will support the continued development and scaling of innovative transp...

Horizon Aircraft and JetSetGo announce landmark agreement for Cavorite X7 Aircraft

In a significant development in the aviation industry, Horizon Aircraft has formalized a Letter of Intent (LOI) with JetSetGo, a prominent private aviation operator. This LOI outlines JetSetGo's intention to acquire 50 units of the cutting-edge Cavorite X7 Aircraft, with each aircraft priced at u...

Eve Announces Collaboration with Ferrovial Vertiports

Eve Air Mobility has signed a Letter of Intent (LOI) with Ferrovial Vertiports, a subsidiary of leading global infrastructure operator Ferrovial, to explore the use of Eve’s Urban Air Traffic Management (Urban ATM) software solution to support the safe and reliable operation of vertiports and elec...

Eve Announces Agreement with Volatus Infrastructure to Support Vertiport Automation

Eve Air Mobility has signed a Letter of Intent (LOI) with Volatus Infrastructure, LLC, to supply a vertiport automation solution that will support traffic management of future electric vertical take-off and landing (eVTOL) vehicles. Eve’s Urban Air Traffic Management (“UATM”) software solut...

GlobalX Inks Deal With Eviation for 50 All-Electric Alice Aircraft

Eviation Aircraft, a manufacturer of all-electric aircraft, today announced that Global Crossing Airlines Group, Inc., a Miami-based provider of passenger and cargo charter jets, has signed a Letter of Intent (LOI) ordering 50 all-electric commuter Alice aircraft. The aircraft will open up new r...

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