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Maldives Among First Stops as Thai Developer Pan Pacific Invests $1.75B in Chinese eVTOL Fleet
Thai developer Pan Pacific signed a $1.75 billion intent agreement to buy 500 Chinese VE25-100 eVTOL aircraft, with the Maldives among the deployment regions. The deal, announced at an expo in Shanghai, follows a $1 billion MoU between UAE's Autocraft and Shanghai TCab Technology for 350 E20 aircraft a week earlier.
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$1.75 billionValue of Pan Pacific's intent agreement with Shanghai Volant AerotechThe StandardThailand's Pan Pacific Company Limited has signed a landmark $1.75 billion intent agreement to acquire 500 electric vertical takeoff and landing (eVTOL) aircraft
Word for word from the report in The Standard. Open the report
500 aircraftNumber of eVTOL aircraft Pan Pacific will purchaseThe StandardUnder the agreement, Pan Pacific — a major Thai property and infrastructure investment firm — will purchase 500 VE25-100 aircraft
Word for word from the report in The Standard. Open the report
200 to 400 kilometersRange of the VE25-100 aircraftThe Standardand boast a range of 200 to 400 kilometers with a cruising speed of 235 km/h.
Word for word from the report in The Standard. Open the report
235 km/hCruising speed of the VE25-100 aircraftThe Standardand boast a range of 200 to 400 kilometers with a cruising speed of 235 km/h.
Word for word from the report in The Standard. Open the report
$1 billionValue of UAE Autocraft's MoU with Shanghai TCab TechnologyThe Standardwhen the UAE's Autocraft signed a $1 billion memorandum of understanding with Shanghai TCab Technology Co., Ltd. for the purchase of 350 E20 eVTOL aircraft.
Word for word from the report in The Standard. Open the report
350 aircraftNumber of E20 eVTOL aircraft in Autocraft's MoUThe Standardwhen the UAE's Autocraft signed a $1 billion memorandum of understanding with Shanghai TCab Technology Co., Ltd. for the purchase of 350 E20 eVTOL aircraft.
Word for word from the report in The Standard. Open the report