Today’s eVTOL news from Elroy Air doing a deal with Bristow Group changed our model’s ranking. Elroy now ranks #5 on our list of eVTOL OEMs by commitments. Below is the refreshed model.
The sheer volume of commitments in this arena remains impressive. Even if the unit price is far lower than with more typical commercial aviation aircraft, the gross capital being injected into the industry is substantial. Nearly half the deals announced are with airlines – an industry familiar with the pricing and risks. Another ~21% is with lessors, also familiar with the vagaries of commercial aviation.
Co-Founder AirInsight. My previous life includes stints at Shell South Africa, CIC Research, and PA Consulting. Got bitten by the aviation bug and ended up an Avgeek. Then the data bug got me, making me a curious Avgeek seeking data-driven logic. Also, I appreciate conversations with smart people from whom I learn so much. Summary: I am very fortunate to work with and converse with great people.