New Horizon Aircraft Ltd. has signed a Letter of Intent (LOI) with leading Chilean helicopter operator Discovery Air Chile Ltda. to lease five Cavorite X7 eVTOLs with a projected delivery timeline of 2028.
The addition of this unique eVTOL aircraft will transform services in Chile by dramatically reducing transfer times for passengers, patients, and time sensitive goods while cutting costs for operators.
Doing business as Horizon Aircraft, this aircraft developer is an advanced aerospace engineering company that is developing one of the world’s first hybrid eVTOL aircraft that is expected to perform most missions similar to a traditional aircraft while offering industry-leading speed, range, and operational utility.
Horizon’s unique designs put the mission first and prioritize safety, performance, and utility. Brandon Robinson, CEO and Co-founder of Horizon Aircraft, stated, “This agreement with Discovery Air Chile Ltda. marks a significant milestone for Horizon Aircraft as we further expand our international footprint into South America.
“In Chile, when it comes to emergency evacuations, transfers and quickly reaching hospitals, speed is essential. Our Cavorite X7 hybrid eVTOL offers a compelling economic and operational alternative to helicopters.
“Our aircraft can fly almost twice as fast as a traditional helicopter with an estimated 30% lower per-hour operating cost. This results in over 75% savings as compared to a traditional helicopter on a per-mile basis.”
Álvaro González, General Manager of Discovery Air Chile Ltda., added, “We are proud to be the first South American operator of Horizon Aircraft’s Cavorite X7 Hybrid eVTOL. Sustainable, cost-effective operations and innovative technology, such as what Horizon Aircraft offers, advances Chilean regional air services and is integral to maintain competitive operations.
“The Cavorite X7 is expected to transform the speed, flexibility, and cost to transport people and critical goods. This will be transformative for Chilean air movements at a regional level.”
