Eve and FlyBIS plan to develop eVTOL service in South America, starting with Brazil. [Courtesy: Eve Air Mobility]
Key Takeaways:
Eve Air Mobility, an Embraer subsidiary, signed a Letter of Intent with Brazilian startup FlyBIS to develop eVTOL services across Brazil and other South American countries.
As part of the agreement, FlyBIS will purchase up to 40 of Eve's eVTOL aircraft, adding them to Eve's existing order backlog.
The collaboration aims to expand urban air mobility, initially targeting high-traffic tourist areas in Southern Brazil, with plans for subsequent expansion into neighboring regions.
Embraer’s Eve Air Mobility eVTOL operation (NYSE: EVEX) said it signed a letter of intent with Brazilian air mobility startup FlyBIS to develop eVTOL services in Brazil and elsewhere in South America.
Under the agreement, FlyBIS will also buy up as many as 40 of Eve’s eVTOL aircraft, the companies said. Those vehicles become part of Eve’s order backlog of up to 2,770 eVTOLs.
CREATE A FREE ACCOUNT
Sign up to keep reading
Create a free account to continue. Already a member? Sign in below.
Jonathan Welsh is Lead Editor of Aviation Consumer and a private pilot who worked as a reporter, editor and columnist with the Wall Street Journal for 21 years, mostly covering the auto industry. His passion for aviation began in childhood with balsa-wood gliders his aunt would buy for him at the corner store. Follow Jonathan on Twitter @JonathanWelsh4
