JEKTA, the Switzerland-based developer of the PHA-ZE 100 aircraft, has signed an agreement with Solyu for 30 of its zero-emissions amphibious aircraft. The deal, which represents JEKTA’s first lessor agreement, brings advanced commitments for JEKTA’s amphibious aircraft to more than US$1 billion in value.  

Solyu, based in Seoul, South Korea, is committed to supporting a low-carbon future for aviation and will offer financial and leasing solutions to its operator customers seeking to harness the sustainable qualities of the PHA-ZE 100. 

JEKTA and Solyu have recognized the vast market and investment opportunity inherent in offering operators from Asia and around the globe a zero-emissions amphibian aircraft. “We know leasing companies play a crucial and influential role in the aerospace sector, offering operators financial flexibility and affordability to expand fleets and networks,” says George Alafinov, CEO of JEKTA. “The deal confirms that the wider aviation sector welcomes our vision of incorporating the benefits of amphibious operations into the global air transport system. With Solyu providing leasing and financing access to our aircraft, operators can sustainably develop new routes and support connections to those currently disconnected by water, doing so in style but at low operating costs.”

Seamlessly transitioning between land and water without additional hardware, the PHA-ZE 100 is optimized to serve coastal and island communities, regional routes currently limited by operational costs, and to support new low-cost, sustainable services between cities without the need to install expensive land infrastructure. The amphibious flying boat will be certified to EASA CS-23 and US FAA FAR-23 standards for fixed-wing passenger aircraft. Flexible configurations, including 19-seat, mixed economy/freight, VIP, corporate shuttle, and air ambulance options, make the most of the PHA-ZE 100’s spacious, contemporary cabin.