ASL Group doubles down on sustainable air mobility, signs agreement for delivery of six Lilium Pioneer Edition Jets
May 24 2023 - 3:00AM
Lilium N.V. (NASDAQ: LILM), developer of the first all-electric
vertical take-off and landing jet, today announced that it has
signed an agreement with Benelux-based business jet operator ASL
Group for the delivery of six Lilium Pioneer Edition Jets. The
agreement, which includes deposit payments to Lilium, converts an
earlier Memorandum of Understanding between the two companies,
disclosed last year during the Farnborough International Airshow.
ASL Group is a leading business jet operator in
the Benelux, and the owner of the first electric aircraft in
Belgium. ASL Group intends to manage and operate the aircraft for
its customers as part of a sustainable, high-speed network
connecting major hubs across Belgium, Netherlands, Luxembourg, and
Western Germany.
Philippe Bodson, owner and CEO of ASL Group
said: “Our company is constantly seeking new ways to operate
responsibly and contribute to a healthy future, both socially and
ecologically. The Lilium Jet is a great opportunity to provide
better value to our customers in a sustainable way. With zero
operating emissions, vertical take-off landing capability and a
spacious premium cabin, Lilium represents the best option on the
market.”
Klaus Roewe, CEO of Lilium said: “The conversion
of our MOU with ASL shows the strength of our continued
partnership. ASL Group is a truly innovative company with a vision
to provide the best services for its customers. With the highest
population density in Europe, Benelux represents a perfect use case
for the Lilium Jet, with its expected high aerodynamic performance
and low noise profile. We are proud to support ASL’s development in
the region.”
Contact information for
Media:
LiliumMeredith Bell+41 79 432
57 79press@lilium.com
ASL GroupMaarten
Desair+32(0)477170503maarten.desair@aslgroup.eu
About LiliumLilium (NASDAQ: LILM) is creating a
sustainable and accessible mode of high-speed, regional
transportation for people and goods. Using the Lilium Jet, an
all-electric vertical take-off and landing jet, offering leading
capacity, low noise, and high performance with zero operating
emissions, Lilium is accelerating the decarbonization of air
travel. Working with aerospace, technology, and infrastructure
leaders, and with planned launch networks announced in Germany, the
United States, Brazil, and the UK, Lilium’s 800+ strong team
includes approximately 450 aerospace engineers and a leadership
team responsible for delivering some of the most successful
aircraft in aviation history. Founded in 2015, Lilium’s
headquarters and manufacturing facilities are in Munich, Germany,
with teams based across Europe and the U.S. To learn more, visit
lilium.com.
About ASL GroupASL Group is one of Europe’s
leading business jet management and operator companies, having
offices and bases in most Belgian and Dutch airports. The group
built its reputation on excellence, efficiency and safety. It
manages and operates more than 45 aircraft and offers other
business aviation related services all tailored to the customers’
wishes and expectations.
Lilium Forward Looking Statements:
This press release contains certain forward-looking statements
within the meaning of the federal securities laws, including, but
not limited to, statements regarding Lilium Group’s proposed
business and business model, the markets and industry in which
Lilium N.V. and its subsidiaries (collectively, the “Lilium Group”)
operate or intend to operate, the Lilium Group’s partnership with
the ASL Group, including the agreement mentioned herein, the
anticipated timing of the commercialization and launch of the
Lilium Group’s business in phases and the expected results of the
Lilium Group’s business and business model, including when launched
in phases. These forward-looking statements generally are
identified by the words “believe,” “project,” “expect,”
“anticipate,” “estimate,” “intend,” “strategy,” “future,”
“opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,”
“will continue,” “will likely result,” and similar expressions.
Forward-looking statements are predictions, projections and other
statements about future events that are based on management’s
current expectations with respect to future events and are based on
assumptions and subject to risk and uncertainties and subject to
change at any time. Actual events or results may differ materially
from those contained in the projections or forward-looking
statements. Factors that could cause actual future events to differ
materially from the forward-looking statements in this press
release include those discussed in Lilium’s filings with the U.S.
Securities and Exchange Commission (“SEC”), including in the
section titled “Risk Factors” in our Annual Report on Form 20-F for
the year ended December 31, 2022, all of which are available at
www.sec.gov. Forward-looking statements speak only as of the date
they are made. You are cautioned not to put undue reliance on
forward-looking statements, and the Lilium Group assumes no
obligation to, and does not intend to, update or revise these
forward-looking statements, whether as a result of new information,
future events or otherwise.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/86110f93-f13f-4a02-b597-3adccacff67c
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