Saudia Group Orders 50 Electric Lilium Jets, Plus Option for 50 More

Author: Benzinga Newsdesk | August 01, 2024 04:54am

Saudia Group and Lilium N.V. (NASDAQ:LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today signed a binding sales agreement for 50 Lilium Jets, with options for 50 more. The signature ceremony was held at Lilium's HQ in Gauting near Munich. The contract was signed by Fahd Al-Jarbou, CEO of Saudia Private, representing Saudia Group, and Lilium's CEO Klaus Roewe, in the presence of several distinguished guests including HRH Prince Abdullah bin Khalid bin Sultan bin Abdulaziz, Ambassador of the Kingdom of Saudi Arabia to Germany; Michael Kindsgrab, the German Ambassador to the Kingdom of Saudi Arabia; H.E. Engr. Ibrahim Al-Omar, Director General of Saudia Group; H.E. Abdulaziz Al-Duailej, President of Saudi Arabia's General Authority of Civil Aviation (GACA); and Lilium Chairman Tom Enders.

Posted In: LILM