Electric seaplane developer Jekta has signed an agreement to lease 30 of its zero-emission PHA-ZE 100 aircraft.
In a press release published on September 5, 2024, Jekta announced that it has signed its first leasing agreement with Solyu, a South Korean lessor company. Solyu will provide financial and leasing solutions for 30 of Jekta’s PHA-ZE 100 aircraft, totaling over $1 billion.
“We are excited by the potential that the PHA-ZE 100 gives to our clients, which can optimize the sustainable qualities of Jekta aircraft to expand and open new markets,” Andrew Claerbout, Chief Executive Officer of Solyu, commented.
“Low operating costs, flexibility supported by versatile configurations, and zero emissions operations all deliver added value to our clients. The minimal infrastructure requirements needed to support PHA-ZE 100 operations are also attractive, and we expect strong interest from our customers in both the hydrogen and electric variants.”
The PHA-ZE 100 is an amphibious aircraft designed with electric and hydrogen propulsion systems. Jekta claims that its 19-seat aircraft is designed for coastal and island areas, as well as regional routes. The aircraft can take off and land on coastal waters with waves up to 1.2 meters, as well as on lakes, rivers, and runways.
Jekta claims that its 19-seat aircraft provides low-cost, sustainable services between cities without the need to install expensive land infrastructure.
The PHA-ZE 100 will be certified to EASA CS-23 and US FAA FAR-23 standards for fixed-wing passenger aircraft.