New Aircraft Rental Service Enhances Fleet Flexibility

Elixir Aircraft has signed a contract for the operation of five Elixir by Leading Edge Aviation, a training centre based in the UK and Spain, which has confirmed its intention to renew its fleet with Elixir Aircraft. This tripartite contract has also been signed with Green Aerolease, a French aircraft rental company. Leading Edge is thus the launch customer for Elixir Aircraft's and Green Aerolease new rental offer.

Leading Edge Aviation has chosen Elixir Aircraft to renew its fleet of 21 aircraft. Elixir Aircraft will supply Leading Edge Aviation with five Elixir aircraft starting at the end of 2024.

This firm order brings Elixir Aircraft's order book to more than 300 aircraft, including orders, pre-orders and letters of intent.

In addition to this contract, the Leading Edge Aviation has launched a rental offer in partnership with Green Aerolease. Following the example of commercial aviation, where airlines frequently purchase their aircraft from lessors (aircraft renting companies that buy batches of aircraft from manufacturers), Elixir Aircraft wanted to offer its customers flexibility.

The aircraft manufacturer approached Green Aerolease, a key player in low-carbon aircraft rental in Europe. Together, they built an offer that provides customers with a new financing capacity.

This new offer facilitated the deal with Leading Edge Aviation, the launch customer for a product that allows professional schools interested in the Elixir to acquire their aircraft through an "all included" rental service (aircraft itself, insurance and maintenance).

"Including the Elixir in our rental offer is a key step for us, as it allows us to support flight schools interested in this innovative aircraft,” said Guillaume Abéguilé, COO of Green Aerolease. “It also reinforces our commitment to driving the environmental transition in aviation by offering a new generation of aircraft with full CO2 compensation as part of our service. We are proud to collaborate with Elixir Aircraft to help Leading Edge meet their fleet renewal goals with greener, more sustainable aircraft."