FALLS CHURCH, Va. - Electra.aero, Inc. and Yugo have partnered to expand air mobility services to urban environments in the Asia-Pacific region by utilizing Electra's hybrid-electric, ultra-short takeoff and landing (eSTOL) aircraft.
Yugo is a private aviation digital platform based in Singapore that offers global on-demand bookings of charter flights of private jets and helicopters, with a focus on Asia-Pacific. Yugo provides its userbase and members with access to an extensive network of hundreds of aircraft, from light jets such as the Cessna Citation to longer range jets like the Gulfstream G650ER.
Under the terms of a Memorandum of Understanding (MOU), Yugo intends to acquire up to twelve Electra eSTOL aircraft for use in Yugo's current and future envisioned air mobility network in Asia-Pacific and elsewhere. The two companies will jointly pursue urban and regional markets to be served by Yugo's network using on the eSTOL airplane's ultra-short takeoff and landing capability. They will also collaborate on eSTOL performance, economics, and passenger experience elements necessary to achieve Yugo's projected operations.
Electra's aircraft has the ability to take off and land in spaces as small as 300x100 feet, with in-flight battery recharging, enables flight operations from places previously inaccessible by flight including parking lots and remote landing strips. The piloted fixed-wing aircraft will initially carry up to nine passengers or 1800 pounds of cargo up to 500 miles in all weather conditions.