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Helicopter Fleet Report YE 2023

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Mainland China<br />

SPECIAL FEATURE<br />

AEROFUGIA<br />

AeroFugia is part of Geely Technology Group’s innovative general<br />

aviation strategy. Its AE200 eVTOL has been designed to have a<br />

similar layout to a commercial aircraft and will typically seat four<br />

passengers and one pilot. It features large windows, providing<br />

passengers with a panoramic aerial view.<br />

AeroFugia primarily focused on the validation of critical aircraft<br />

technologies through flight tests during <strong>2023</strong>, with flight safety data<br />

accumulated during this period used to facilitate the smooth process<br />

of obtaining the airworthiness certificate. On January 17, <strong>2023</strong>, its<br />

AE200 X01 prototype successfully conducted its maiden flight.<br />

During the <strong>2023</strong> International E-Flight Forum (Kunshan) at the end of<br />

November <strong>2023</strong>, AeroFugia released its latest model configuration<br />

named the AE200Y. Building upon the “Eight-Axis Quad Tilt”, the<br />

company further clarified the airworthiness model configuration<br />

will be “Eight-Axis Inner Quad Tilt” power layout. The company<br />

stated that the prototype of the newly released configuration has<br />

been assembled, and ongoing flight and performance testing are<br />

underway, aiming to enter the commercial market as soon as<br />

possible. The company stated that the aircraft model is expected to<br />

obtain its airworthiness certificate within three to five years.<br />

By June <strong>2023</strong>, AeroFugia had successfully completed its Series A<br />

financing, accumulating an investment of over USD $13.89 million.<br />

Subsequently in July, it successfully signed an agreement with Sino<br />

Jet for 100 AE200 aircraft.<br />

<strong>YE</strong> <strong>2023</strong> ASIA-PACIFIC CIVIL HELICOPTER FLEET REPORT | 41

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