JEKTA signs first lessor deal with Solyu for 30 PHA-ZE 100 aircraft

Swiss aircraft developer JEKTA has signed its first lessor agreement with Solyu for 30 PHA-ZE 100 zero-emissions amphibious aircraft. This deal boosts JEKTA's advanced commitments for its amphibious aircraft to over US$1 billion.

Based in Seoul, South Korea, Solyu is dedicated to promoting a low-carbon future for aviation, providing financial and leasing solutions to operators seeking to benefit from the PHA-ZE 100's sustainable features. This is the first amphibious aircraft in Solyu's regional advanced air mobility portfolio.

Andrew Claerbout, CEO of Solyu, highlighted the PHA-ZE 100's potential to open new markets for clients, offering low operating costs, flexible configurations, and zero-emissions operations. He also noted the minimal infrastructure requirements needed to support the aircraft, anticipating strong interest in both hydrogen and electric variants.

JEKTA and Solyu recognise the significant market and investment potential for zero-emissions amphibious aircraft, especially for operators in Asia and globally. JEKTA CEO George Alafinov emphasised the crucial role leasing companies like Solyu play in offering financial flexibility to operators, enhancing networks, and increasing market opportunities. He noted that this agreement demonstrates the aviation sector's interest in incorporating amphibious aircraft into global air transport systems.

This milestone for JEKTA, which launched in December 2022, brings the company's forward interest value to over US$1 billion in less than two years. The PHA-ZE 100 is designed to seamlessly transition between land and water, serving coastal and island communities, regional routes, and new low-cost sustainable services without requiring expensive infrastructure. The aircraft, certified to EASA CS-23 and US FAA FAR-23 standards, offers versatile configurations including passenger, freight, VIP, and air ambulance options, all within a spacious, modern cabin.