JetSetGo signs 280 hybrid-electric aircraft deal worth $1.3-bn with 3 global aviation tech firms

Air services operator JetSetGo has signed a 280 hybrid-electric aircraft deal, including 130 on option, worth over USD 1.3-billion with three global aviation tech firms.
These planes can be deployed for airport transfers, regional connectivity, inter-city commute, intra-city shuttles and urban air taxis, JetSetGo said.
The strategic collaboration with Electra.aero, Horizon Aircraft and Overair, was unveiled at the on-going mega aviation event Wings India 2024 in Hyderabad.
“As part of the agreements signed this week, JetSetGo is set to acquire 150 aircraft for an aggregate deal value of USD 780 million.
“The agreements include further options to acquire additional aircrafts for a potential fleet size of 280 to scale its innovative air mobility solutions, raising the overall deal value of above USD 1.3 billion,” the company said.