LCI To Add Elroy Air Chaparral eVTOL Aircraft to Lease Portfolio

The hybrid-electric aircraft, which could complete certification by the end of 2023, will have a payload of around 500 pounds and a range of 300 nm. It is intended for autonomous or remotely piloted operations.

Elroy Air's Chaparral eVTOL aircraft will carry a 500 pound payload up to around 300 nm. — Elroy Air's Chaparral hybrid-electric eVTOL aircraft will carry a 500-pound payload up to around 300 nm. (Image: Elroy Air/LCI)

By Charles Alcock • Managing Editor

January 11, 2023

Leasing group LCI has agreed to add up to 40 of Elroy Air’s Chaparral autonomous eVTOL aircraft to its lease portfolio. Under the firm order announced on January 11, the Ireland-based company has paid an undisclosed deposit to acquire 20 examples of the vehicle, with options for another 20.

LCI sees the hybrid-electric Chaparral—which will have a payload of around 500 pounds and a range of 300 nm—being used for cargo delivery, as well as applications including disaster relief, firefighting, and humanitarian operations. The design features a cargo pod installed beneath the fuselage.

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