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Technology aviation / investment Shanghai Impact 6.0/10 2 min read
Maldives Among First Stops as Thai Developer Pan Pacific Invests $1.75B in Chinese eVTOL Fleet

Maldives Among First Stops as Thai Developer Pan Pacific Invests $1.75B in Chinese eVTOL Fleet

Pan Pacific Company Limited signed a $1.75 billion intent agreement to acquire 500 eVTOL aircraft from Shanghai Volant Aerotech. The deal includes CAIEC for infrastructure support. The VE25-100 aircraft, branded Skylar, carry up to six passengers with 200-400 km range and 235 km/h speed. Delivery starts after Chinese certification. Deployment planned in Thailand, Maldives, Southeast Asia, and Africa for passenger transport, tourism, and emergency services.

Pan Pacific Company Limited signed a $1.75 billion intent agreement to acquire 500 eVTOL aircraft from Shanghai Volant Aerotech. The deal includes CAIEC for infrastructure support. The VE25-100 aircraft, branded Skylar, carry up to six passengers with 200-400 km range and 235 km/h speed. Delivery starts after Chinese certification. Deployment planned in Thailand, Maldives, Southeast Asia, and Africa for passenger transport, tourism, and emergency services.

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The Standard

Published

Jul 23, 2025

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Pan Pacific Company Limited signed a $1.75 billion intent agreement to acquire 500 eVTOL aircraft from Shanghai Volant Aerotech. The deal includes CAIEC for infrastructure support. The VE25-100 aircraft, branded Skylar, carry up to six passengers with 200-400 km range and 235 km/h speed. Delivery starts after Chinese certification. Deployment planned in Thailand, Maldives, Southeast Asia, and Africa for passenger transport, tourism, and emergency services.

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