VoltAero Offers Fractional Shares in Hybrid-electric Aircraft | Aviation International News

VoltAero Offers Fractional Shares in Hybrid-electric Aircraft

The manufacturer's Cassio family of aircraft will be operated by partners throughout Europe, providing flights for fractional ownership clients.

VoltAero's Cassio family of hybrid-electric aircraft will carry between 4 and 12 passengers. (Image: VoltAero)

By Charles Alcock • Managing Editor

May 19, 2022

VoltAero will start selling fractional ownership shares in its five-seat Cassio 330 hybrid-electric aircraft to European customers next week at EBACE 2020 in Geneva. The Cassio 330 is the first of three aircraft that VoltAero is working to bring to market, with first deliveries now anticipated in 2024, subject to completion of EASA CS-23 type certification. The other two models are the six- and 12-seat Cassio 480 and 600, with each model number referring to the power rating of their propulsion system in kilowatts.

Announcing the fractional ownership plan on May 18, the French company said it will offer one-fifth shares in each aircraft, based on a projected initial annual utilization of 800 flight hours. This total could rise to 1,000 flight hours per year as operations expand, with owners being able to fly in aircraft across a planned fleet operated by various anticipated European operating partners and services beginning in France.

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