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Horizon Aircraft signs letter of intent with Discovery Air Chile

Posted on 09 Feb 2025. Edited by: Colin Granger. Read 876 times.
Horizon Aircraft signs letter of intent with Discovery Air ChileCanada-based Horizon Aircraft — a leading developer of hybrid electric vertical take-off and landing (eVTOL) aircraft — has signed a letter of intent (LoI) with Discovery Air Chile Ltda, to lease five Cavorite X7 eVTOLs with a projected delivery timeline of 2028. The aim of this leading Chilean helicopter operator is to transform services in Chile by dramatically reducing transfer times for passengers, patients, and time sensitive goods while cutting costs for operators.

Álvaro González, general manager of Discovery Air Chile Ltda, said: “We are proud to be the first South American operator of Horizon Aircraft’s Cavorite X7 Hybrid eVTOL. Sustainable, cost-effective operations and innovative technology, such as that offered by Horizon Aircraft, advances Chilean regional air services and is integral to maintaining competitive operations. The Cavorite X7 is expected to transform the speed, flexibility, and cost to transport people and critical goods. This will be transformative for Chilean air movements at a regional level.”

Brandon Robinson, Horizon Aircraft’s CEO and co-founder, said: “This agreement with Discovery Air Chile Ltda marks a significant milestone for Horizon Aircraft as we further expand our international footprint into South America. In Chile, when it comes to emergency evacuations, transfers, and quickly reaching hospitals, speed is essential.

“Our Cavorite X7 hybrid eVTOL offers a compelling economic and operational alternative to helicopters. Our aircraft can fly almost twice as fast as a traditional helicopter with an estimated 30% lower per-hour operating cost. This results in over 75% savings as compared to a traditional helicopter on a per-mile basis.”