Sirius Aviation AG and PARQ Development Join Forces, Bringing 10 Hydrogen VTOL Jets to Bali
BAAR, Switzerland and UBUD BALI, Indonesia, March 25, 2024 /PRNewswire/ -- Trailblazing aerospace company, Sirius Aviation AG, is proud to announce a groundbreaking partnership with PARQ Development, providing ten cutting-edge hydrogen-powered vertical takeoff and landing (VTOL) jets along with tailored support services to the picturesque landscapes of Bali, Indonesia. The agreement is estimated to be worth $50 million, reflecting a significant investment in advancing sustainable aviation initiatives.
- Under the new deal, PARQ Development will receive five Sirius Millennium Jets and five Sirius Business Jets poised to revolutionize sustainable travel in Bali and the nearby islands.
- Additionally, Sirius Aviation AG will establish five vertiports and five hydrogen generators, facilitating VTOL operations, enhancing accessibility, stimulating eco-friendly tourism, and economic growth in Indonesia.
- The Sirius Jet, the world's first hydrogen-powered, zero-emissions VTOL aircraft, will further PARQ Development's long-term commitment to sustainability in the region.
- In a revolutionary step towards eco-friendly aviation and innovative sales strategies, Sirius Aviation AG, alongside Swiss banks, introduces a pioneering leasing scheme to PARQ.