MintAir Partners with Odys Aviation for the purchase of 30 Hybrid-Electric VTOL Aircraft

February 21, 2023

MintAir and Odys Sign Letter of Intent to Launch Regional Air Mobility Service in South Korea 

Incheon, South Korea & Long Beach, CA (February 21, 2023) - MintAir Co. LTD, an Advanced Air Mobility (AAM) service provider in South Korea, has signed a Letter of Intent with Odys Aviation, an innovative aircraft company building hybrid-electric vertical takeoff and landing (VTOL) aircraft for regional connectivity, to purchase their hybrid-electric VTOL aircraft. Under the agreement, MintAir will add 30 of Odys’s aircraft to its fleet for regional air mobility operations in South Korea.

MintAir’s service will initially cover existing domestic routes and leverage regional airports, later expanding to new infrastructure and longer routes made accessible by Odys’s vertical takeoff and landing capability and extended range of 750 miles (1200 km). Odys’s hybrid-electric propulsion system produces zero CO2 on routes less than 200 miles (321 km). Corporation, an  aircraft battery manufacturer headquartered in Southern California, will be supplying its high voltage battery (800V) for Odys aircraft operations in Korea.

The agreement between MintAir and Odys has attracted the support of Sejong City located 75 miles (121 km) south of Seoul. MintAir has engaged city officials to build an Advanced Air Mobility Hub in Sejong. The regional air mobility service between Sejong City and Seoul will provide an easier commuting alternative,saving travelers valuable time by avoiding long drives and offering a better overall experience. Sejong City is a new “smart city” designed to serve as the administrative and government capital of South Korea located in the center of the Korean peninsula.

“MintAir is focused on creating the safest Advanced Air Mobility service in both urban and regional routes,” explained Eugene Choi, CEO of MintAir. “We selected the Odys hybrid-electric VTOL because of its long range capability of 750 miles, the energy-saving efficiency of its high-lift flap technology, lower operating costs, and the clear path to certification."

“We are excited to team up with MintAir to bring a faster and more convenient way to travel and connect cities large and small throughout the Korean peninsula,” said James Dorris, Co-Founder and CEO of Odys Aviation. “We look forward to working with MintAir to make regional travel more efficient and create an exceptional flight experience for all travelers, starting with government officials commuting between Sejong City and Seoul.”

The Odys Aviation hybrid-electric VTOL aircraft has room for up to nine passengers and two pilots. Diverse seating options for both commercial and executive use are available including club seating and capacity for baggage. It will have a maximum speed of 345 mph (555 km/h), a range of 750 miles (1,200 km), and a cruise altitude of 30,000 ft (9,144 m). This design, which allows the aircraft to take off and land at city helipads, municipal airports, and future vertiports, cuts travel time in half on the world’s busiest travel corridors and offers a total trip cost that is competitive with existing travel options.

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