Aviterra, a Dubai-based aviation and aerospace component manufacturing firm, has signed a groundbreaking agreement with PAL-V, a Dutch company specializing in roadable aircraft, to bring the Liberty flying car to the Middle East and Africa. The deal includes the acquisition of more than 100 PAL-V Liberty flying cars, representing a significant investment and establishing a strategic partnership for the region.
Mouhanad Wadaa, MD of Aviterra, expressed excitement about the partnership, stating, “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.” Wadaa also highlighted the enhanced travel options provided by the Liberty flying car, offering customers the flexibility to FlyDrive independently or opt for Aviterra’s services as desired.
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Strategic Investment
Loggia Investment, the investment arm of Aviterra, has made a strategic investment in PAL-V and solidified a partnership for the Middle East and Africa region. PAL-V’s CEO and founder, Robert Dingemanse, acknowledged Aviterra and Mr. Wadaa’s vast experience in aviation and their understanding of the certification process, praising their excellent reputation in the business aviation industry.
PAL-V is expanding its global presence by establishing regional offices aimed at fostering the growth of its flying car business. These offices will serve as hubs for PAL-V’s sales, maintenance, flight training, and assembly operations. Dingemanse shared, “In the coming months, we have more updates on development and certification successes, confirming our lead in the emerging AAM market.”
World’s First Genuine Flying Car
The PAL-V Liberty, celebrated as the world’s first genuine flying car, combines the functionalities of a gyroplane and a car. It caters to the demand for independent travel away from congested roads while enhancing travel flexibility. With a flight range of 500 km and a maximum airspeed of 180 km/h, the Liberty significantly reduces commute and travel durations.
Wadaa, MD of Aviterra, emphasized the importance of the Advanced Air Mobility industry and the dutch company’s unique position in combining 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,” Wadaa added.
The Liberty empowers users with a user-friendly, personal aircraft suitable for daily medium and long-distance commutes. Users can drive to one of the world’s 40,000+ airstrips, convert the vehicle in minutes, and fly to their desired destination.
With this historic deal, the two companies are set to revolutionize mobility in the Middle East and Africa, offering a unique combination of flying and driving capabilities to their customers.
