• Air Greenland commits to purchasing or leasing from Avolon a fleet of Vertical Aerospace VX4 eVTOL aircraft
• Air Greenland is the first European airline to join Avolon’s eVTOL programme, starting its decarbonisation journey where it matters the most

Dublin/Nuuk, 22 March 2022 – Avolon, the international aircraft leasing company, announces that it has partnered with Air Greenland, the flag-carrier for Greenland, to bring zero-emissions travel to the region and help tackle the issue of climate change.

Avolon and Air Greenland will partner to form a Working Group to assess the opportunity to commercialise zero-emissions air travel in the region. The Working Group will also collaborate to identify local infrastructure and certification requirements for eVTOL aircraft. As part of the agreement, Air Greenland will commit to purchasing or leasing a fleet of VX4 eVTOL aircraft, manufactured by Vertical Aerospace (NYSE: EVTL) (‘Vertical’), from Avolon. Upon its introduction, the VX4 will be the most advanced and the safest eVTOL in the market and will be built to EASA safety certification standards – the most stringent global requirements and at the same level as commercial aircraft. The VX4 will be near silent when in flight and will have zero operating emissions, transporting four passengers and one pilot distances of over 100 miles at up to 200 miles per hour. The size of Air Greenland’s VX4 fleet will be defined at the conclusion of the Working Group’s assessment of the scale of the market opportunity.

Download the Avolon and Air Greenland partnership video here: https://f.io/kgjS6jbv