Dubai-based Company Takes Flight with Landmark Order for over 100 Flying Cars
In a groundbreaking move that signals a new era of transportation in the Middle East and Africa, Aviterra, a Dubai-based company, has finalized a historic deal with PAL-V. This deal encompasses the acquisition of over 100 PAL-V Liberty flying cars, marking a significant investment and establishing a partnership for the region.
Aviterra’s Strategic Vision
Aviterra, spearheaded and backed by a founder of Jetex, a renowned global leader in executive aviation, has identified the unique value proposition of PAL-V’s Liberty flying car. The appeal lies not only in its innovative design but also in its capability to serve as a last-mile solution and provide enhanced regional air mobility. Wadaa, a representative of Aviterra, accentuates the Liberty’s flexibility in travel options. Customers can either opt for FlyDrive capabilities themselves or take advantage of Aviterra’s specialized services.
Mouhanad Wadaa, Managing Director of Aviterra, explains, “The PAL-V is the perfect tool for our customers’ regional travel requirements, offering a combination of flying and driving. It’s truly an innovation that will change mobility as we know it.”
PAL-V Liberty: The Pioneering Flying Car
The PAL-V Liberty stands out as the world’s first genuine flying car, blending the functionalities of a gyroplane with those of an automobile. This innovative design addresses the growing demand for independent travel solutions, especially in congested urban areas. With an impressive flight range of 500 km and a top airspeed of 180 km/h, the Liberty promises to revolutionize commuting and travel times, offering unprecedented freedom and efficiency.
« While running a business aviation company, we’ve always kept a close eye on the emerging Advanced Air Mobility industry, » notes Wadaa, highlighting the unique opportunity PAL-V presents. « PAL-V’s long-standing presence and adherence to existing regulations allow our customers to safely FlyDrive using existing air and road infrastructure. Furthermore, PAL-V is the only player that combines flying and driving into one vehicle. No other player in the market offers this combination and can realistically deliver the vehicles in the near future. »
Strategic Investment and Regional Expansion
Further solidifying their commitment to PAL-V and the future of flying cars, Loggia Investment, the investment arm of Aviterra, has made a strategic financial investment in the company. This investment not only underscores confidence in PAL-V’s technology but also establishes a robust partnership framework for the Middle East and Africa region. In line with its global growth strategy, PAL-V is in the process of establishing regional offices worldwide. These offices will serve as pivotal hubs for sales, maintenance, flight training, and assembly operations, positioning PAL-V for accelerated market penetration and customer support.
PAL-V’s CEO and Founder, Robert Dingemanse, welcomes the partnership, stating, « Aviterra and Mr. Wadaa have vast experience in aviation, understand our certification process, and have an excellent reputation in the business aviation industry. They are a strong partner to support our sales and marketing activities in the Middle East and Africa, which is headed by our VP Middle East, Khalil Malaeb. »
Future Developments and Market Leadership
Exciting prospects lie ahead for PAL-V, as indicated by Dingemanse, the company’s representative. He hints at forthcoming highlights in development and certification successes, reaffirming PAL-V’s leadership position in the rapidly evolving Advanced Air Mobility (AAM) market. As the demand for innovative transportation solutions continues to soar, partnerships like the one between Aviterra and PAL-V are poised to shape the future of mobility, offering transformative benefits to consumers across the Middle East, Africa, and beyond.