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See the full press release here.
The Ampaire Electric EEL provides a comfortable ride for five passengers, at about 150 mph speed, with the safety of twin engines, and the improved operating costs of having hybrid power plants – a diesel engine and an electric motor. This model of aircraft helps PAX to deliver flights that fit our profile of 3-6 passengers on trips of 100-300 miles to general aviation airports. And with its low operating costs, PAX is able to get pricing close to our target of $1.00/seat/mile, making a flight on PAX comparable in cost to driving. But with PAX you travel 3-4 times faster!