Lilium N.V. has signed an agreement with AAP Aviation Group AS to develop an eVTOL network in Scandinavia. Under the agreement, AAP Aviation intends to purchase 40 Lilium Jets and collaborate with Lilium to identify and develop landing sites in the Scandinavian countries, starting with Norway. Together, AAP Aviation and Lilium plan to offer sustainable travel mobility to Scandinavia using the all-electric Lilium Jet, supplementing existing regional aircraft routes and ensuring flexible and time-saving low-emission travel between cities and communities.

AAP Aviation and Lilium expect the market for on-demand aviation services to grow rapidly, pending authority approval of aircraft models and route infrastructure. AAP Aviation entered the market in 2013. Offering a wide range of professional services for the aviation industry, including crew management, the company, formerly known as OSM Aviation, quickly established operations in 19 countries worldwide, counting more than 6000 employees.

Following a restructuring during the covid-19 pandemic, AAP Aviation is well positioned to take a lead role in developing the next phase of sustainable regional air mobility. The Lilium Jet, which is currently being developed in Germany, is expected to hold between four and six passengers and have a physical range of approximately 250 kilometres. The proposed arrangement between AAP Aviation and Lilium is subject to the parties finalizing commercial terms and entering into definitive agreements with respect thereto, and the satisfaction of certain conditions.