XTI Aerospace has this week revealed a pre-order received by Mesa Airlines for 100 TriFan 600 aircraft.
The VTOL market for commercial use is beginning to grow at a rapid pace, with airlines wanting to get in on the action.
Without further ado, let’s get into it…
Mesa Airlines & The XTI Aerospace TriFan 600…
The pre-order for 100 XTI Aerospace TriFan 600 aircraft is also being noted as an investment by Mesa Airlines.
Such a deal is being valued at $1bn in revenue for the company, which represents a strong order.
It is understood that the airline also has a minority stake in the company.
The XTI Aerospace TriFan 600 aircraft has a range of around 700 miles with speeds of up to 345mph.
Both Sides: Advanced Air Mobility is a New Chapter…
Commenting on this deal was Scott Pomeroy, chairman and chief executive officer of XTI Aerospace:
“We are excited to have secured this conditional pre-order and position from Mesa Airlines and believe it serves as further validation of the substantial and untapped market for our aircraft.”
“With a maximum speed of 345 mph and a range of 700 miles, we believe the TriFan 600 will be an ideal alternative to existing aircraft for regional passengers.”
Adding to this was Jonathan Ornstein, chairman and chief executive officer of Mesa Air Group:
“Over the past thirty years, we have witnessed the regional aviation industry evolve from flying piston-engine, nine-passenger aircraft, to turboprop aircraft, to large regional jets.”
“Advanced air mobility is a new chapter that I am particularly excited about, given radical improvements in design versus existing regional alternatives and resulting progress toward a more sustainable future.”
“XTI’s TriFan 600 is poised to create a unique new category within the industry”
“[This is] an aircraft with VTOL capability coupled with the longer range and speed of a business airplane.”
“Given the state of development in innovative propulsion for its proposed longer-range, higher-speed VTOL flights, we believe XTI’s phased approach – starting with certified turboshaft engines capable of burning 100% sustainable aviation fuel and transitioning to hybrid-electric propulsion as the technology develops further – is pragmatic.”
Overall…
In conclusion, this order for 100 TriFan 600 aircraft is a big one for XTI Aerospace.
Furthermore, it also shows the confidence that Mesa Airlines has in advanced air mobility as well.
Looking ahead, all eyes will be on certification for the aircraft, and how it contributes to the needs of transportation.
Overall, it is clear that this space will continue to grow.
All eyes will be on which other companies will make a similar investment.
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