06
October
2022
|
16:26
Europe/Amsterdam

Transavia invests in the first electric airliner: FlyWithLucy

Summary

Transavia Ventures, the investment arm of Transavia, invests in startup FlyWithLucy (Lucy), the first electric airliner that focuses entirely on electric flying. The step fits in with Transavia's ambition for further sustainability. With this investment, the airline makes sustainable electric flying accessible to consumers in the future. The two parties signed the agreement during the World Aviation Festival in the RAI in Amsterdam, where the global aviation sector meets for three days.

Marcel de Nooijer, CEO Transavia: “We are going to make flying with Transavia more sustainable. And so we also explore and investigate different future scenarios. The investment in Lucy is the third promising technological solution in our sustainability strategy this year. We were the first low-cost airline to start refueling with Sustainable Aviation Fuel (SAF): this helps us reduce emissions. Still limited, due to limited availability and high costs, but it is a good start. We are also a partner in the construction of a hydrogen infrastructure around Rotterdam The Hague Airport, so that you can fly with hydrogen. Finally, with Lucy, we are investing in electric flying.”

From 2025 from Eindhoven

Lucy will offer its first electric flights from Eindhoven Airport in 2025. A completely new ecosystem of universities, startups, corporates and aircraft manufacturers is joining forces. Lucy starts with 5-seater e-planes with a range of about 250 km. The ambition is of course larger e-planes with a greater range. First as a replacement for existing regional aviation and ultimately integrated into the current route network of commercial aviation companies.

From the business to the holiday traveler

Teun Kraaij Founder of Lucy: “Electric flying is aimed at the business traveler in the first phase. Thanks to the partnership with Transavia, we can also offer electric flying to holiday destinations at an accelerated pace. Around 2030 we will have the technology to take over parts of routes from existing airlines.”

About Transavia Ventures

Transavia Ventures is the investment fund of Transavia Airlines. Ventures focuses on collaborating with and investing in startups that help aviation in general and Transavia in particular to become more sustainable. This often concerns promising innovations that will eventually reduce emissions, such as electric and/or hydrogen flying or the development of synthetic fuel. But reducing noise or recycling waste flows are also important points of attention. This involves intensive collaboration with universities, knowledge institutes and startups. This is important because sustainable innovations can only be applied more quickly through a connection between existing aviation and newcomers.

About Lucy

Lucy will develop and accelerate the operation of sustainable aviation. From 2025, the company will operate fast, 100% sustainable flights with a comfortable door-to-door experience for business travelers. The ambition is to play a leading role in the transformation to emission-free aviation in Europe.

Boilerplate

This press release was translated using automated tools. Please refer to the original Dutch version for the most accurate information.