MD Aircraft Signs LOI with South Korea's Solyu for Up to 40 MDA1 Electric Aircraft
German manufacturer MD Aircraft GmbH has signed a Letter of Intent with Seoul-based Solyu Company, Ltd., under which Solyu plans to purchase 20 MDA1 eViator all-electric regional aircraft with options for an additional 20, totalling up to 40 units. The 9-seat, zero-emission aircraft is intended to support regional passenger transport and sustainable aviation in South Korea and the broader Asia-Pacific region. First flight testing is scheduled for 2028.
Highlights
- MD Aircraft GmbH and South Korea's Solyu Company have signed an LOI covering 20 firm MDA1 aircraft purchases plus options for 20 more, totalling up to 40 units.
- The MDA1 eViator is a 9-seat, fully electric, zero-emission regional aircraft designed for short-haul routes and underserved remote communities.
- Solyu intends to deploy the aircraft on domestic regional passenger routes in South Korea and across the broader Asia-Pacific region.
- MD Aircraft's MDA1 eViator programme is scheduled to begin initial flight testing in 2028, followed by commercial certification and service entry.
- MD Aircraft GmbH is backed by over 30 years of composite aircraft experience through the MD Group, with more than a decade focused on electric propulsion technology.
MD Aircraft Signs LOI with South Korea's Solyu for Up to 40 MDA1 Electric Aircraft
German aviation manufacturer MD Aircraft GmbH has announced the signing of a Letter of Intent (LOI) with Seoul-headquartered aviation technology company Solyu Company, Ltd.
Order Scope and Intended Applications
Under the terms of the LOI, Solyu intends to acquire 20 MDA1 electric aircraft, with options to purchase an additional 20 units, bringing the potential total to 40 aircraft. The fleet is expected to support domestic regional passenger transport operations in South Korea, as well as sustainable aviation mobility initiatives across South Korea and the wider Asia-Pacific region.
Solyu Company President Andrew Claerbout commented: "The signing of this LOI is a significant milestone in our strategy to advance sustainable aviation on a global scale. The MDA1's combination of operational efficiency, environmental responsibility, and regional connectivity aligns perfectly with our vision for the future of air transport. We look forward to working closely with MD Aircraft as the MDA1 progresses toward type certification and entry into service."
MDA1 eViator: A 9-Seat All-Electric Regional Aircraft
The MDA1 eViator™ is a 9-seat, fully electric regional aircraft featuring the following core capabilities:
- Zero-emission operations: Fully electric propulsion with no carbon emissions
- Lower operating costs: A significant cost advantage over conventional fuel-powered aircraft
- Rapid battery swap technology: Substantially reduced ground turnaround times
- Short Take-Off and Landing (STOL) performance: Suited for remote communities with limited infrastructure
The aircraft is positioned as an eco-friendly alternative for regional air transport, with a particular focus on underserved and remote communities.
MD Aircraft Continues to Expand Its Asian Market Presence
MD Aircraft GmbH CEO Gregor Müller stated: "We are delighted to welcome Solyu as one of our launch customers in Asia. South Korea is a highly innovative market with strong ambitions in Advanced Air Mobility and sustainable transportation. Solyu's commitment to potentially acquiring up to 40 aircraft reflects the growing market confidence in the MDA1 platform and its potential to transform regional aviation through zero-emission operations."
The Solyu LOI further strengthens MD Aircraft's international order pipeline and reinforces the company's position as a leading developer of next-generation electric regional aircraft.
About MD Aircraft GmbH
MD Aircraft GmbH is a German aviation manufacturer focused on developing zero-emission, low-noise, and cost-efficient electric aircraft for the Regional Air Mobility (RAM) sector. The company is part of the MD Group, which includes MD Flugzeugbau GmbH and MD Composites Technologies GmbH, and brings more than 30 years of experience in composite aircraft design, manufacturing, and certification, with over a decade of expertise in electric propulsion technology.
MD Aircraft's flagship programme, the MDA1 eViator, is scheduled to begin initial flight testing in 2028, with commercial type certification and entry into service to follow thereafter.
About Solyu Company
Solyu is a global aircraft lessor specialising in providing customers with the latest technology solutions, including zero-emission electric aircraft and highly flexible turboprop aircraft.
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