Redwings has signed a nonbinding Letter of Intent with Jaunt Air Mobility to purchase Jaunt Journey electric vertical takeoff and landing (eVTOL) aircraft and launch a strategic collaboration in Mexico.
New Delhi [India], March 29 (ANI/NewsVoir): FlyBlade India ("BLADE India"), a joint venture between Hunch Ventures and Blade Air Mobility, Inc. (NASDAQ: BLDE), and Jaunt Air Mobility ("Jaunt"), an AIRO Group company, announced today a strategic partnership to launch electric vertical take-off and landing (eVTOL) aircraft operations in India and the subcontinent region by 2027. The partnership includes a non-binding arrangement to procure 150 Jaunt Journey aircrafts with an option for another 100 aircrafts to meet the projected demand over the next decade. As the 3rd largest aviation market in the world, India is undergoing a major transformation with a growing need for seamless and faster connectivity to connect passengers in urban areas. BLADE India is leading this effort with its established short haul mobility services in cities nationwide. Jaunt, a global aerospace company, has pioneered the all-electric journey, an aircraft that combines helicopter and fixed-wi