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Wednesday, June 25, 2025

Air Taxi Company sells 50 air taxis

 Embraer-owned Eve signs deal to sell 54 Flying Vehicles in $250-million deal at Paris Air Show

Eve air taxi, or electric vertical take-off and landing (eVTOL) aircraft, undergoing tests in Brazil. Embraer-owned Eve has announced the sale of 50 flying vehicles to Revo in $250-million deal at the Paris Air Show. Contract signed during Paris Air Show, marks the first-of-its-kind deal for Eve. The new deal with Future Flight, which is based in Washington, D.C., targets the Brazil and US markets. Eve Air Mobility has signed a deal with Future Flight Global for the purchase of 54 electric vertical takeoff and landing vehicles. The deal comes just after Eve signed a contract to sell 50 of its eVTOL vehicles to Revo, an advanced air mobility operator in Sao Paulo, Brazil, and its parent company Helicopters International (OHI). “This collaboration with Future Flight Global is a significant step forward for Urban Air Mobility in the Americas,” Megha Bhatia, chief commercial officer of Eve said. “By leveraging Eve’s proven eVTOL technology and robust certification process, Future Flight Global gains a powerful platform to deliver efficient, sustainable air travel in high-demand markets such as Brazil and the United States.”

The contract was officially signed during the 2025 Paris Air Show, the world’s largest aviation event, and marks the first agreement of its kind for Eve anywhere in the world. Revo, part of the multinational Omni Helicopters International (OHI), will become the first operator of Eve’s eVTOLs in São Paulo, a city already renowned for its aerial mobility infrastructure. Under the previous $250 million agreement, signed at the Paris Air Show 2025, Revo would become the launch operator for the eVTOLs in São Paulo starting in 2027. Revo runs door-to-door mobility services with helicopter services connecting key Brazil locations. The electric aerial vehicles are expected to be used to fly passengers from airports to cities, much like the intended use of other planned air taxi services. Eve Air and Recaro Aircraft Seating last year jointly created new lightweight seating designed specifically for eVTOL vehicles. The seating uses high-grade aluminium, titanium and composite materials for minimal weight, required for energy-efficient flying. Unlike traditional airplane seats, those on EAVs need to be much lighter and easy enough to get in and out of, since the vehicles are designed for short and continuous flights.

The agreement further solidifies Revo’s position at the forefront of innovation in urban air mobility. “Two years ago, Revo pioneered helicopter flights with first-class service and bookings made in minutes, whether for individual seats, multiple passengers or full aircraft capacity, something unprecedented in this market. Now, we are beginning a new chapter,” said João Welsh, CEO of Revo. “And the opportunity ahead of us is enormous, as major cities around the world, like São Paulo here in Brazil, are in desperate need of mobility solutions.” As it continues its global expansion, Embraer spinoff Eve Air is working with JetSetGo to promote urban air mobility in other countries and prepare the air space for travel alongside the production and certification of the eVTOL vehicles. Eve Air also has a deal to sell 50 of its electric aerial vehicles to Helicopters, Inc, which operates in metropolitan areas throughout the US. Eve started working with Helicopters Inc. in Chicago in 2022. The Eve eVTOL vehicle uses eight propellers for vertical flight and fixed wings to fly on cruise, with no change of component positions for flight. It has a range of 60 miles. Eve Air has received $35 million in funding from the Brazil National Development Bank. This financing followed a $92.5 million line of credit secured in 2022 and a more recent $50 million investment from Citibank. The funds are intended to support the eVTOL development program and for testing processes. The Brazil bank already was a supporter of Eve’s vision for advanced air mobility. 

São Paulo is home to the world’s largest helicopter fleet, with more than 410 registered aircraft and 260 helipads, supporting about 2,200 takeoffs and landings daily. Revo currently operates a door-to-door air mobility solution that blends scheduled helicopter flights with car services and luggage handling, serving key routes in the city and surrounding regions, including popular countryside and coastal destinations. One of its busiest routes connects Avenida Brigadeiro Faria Lima, the city’s financial hub, to Guarulhos International Airport, a trip that typically takes up to 3 hours by car but just 10 minutes by air. Since its launch in 2024, Revo has been laying the groundwork for eVTOL integration, including running successful simulations of urban air traffic management using Eve’s “Vector” software. The agreement also gives Revo access to Eve’s TechCare, a suite of operational support tools designed to optimise performance and maintenance for eVTOL fleets. As an important step for type certification, the National Civil Aviation Agency of Brazil has published final airworthiness criteria for the Eve EAV.  Aside from funding issues, the development of electric flying vehicles is well underway. For example, Eve Air introduced a full-scale eVTOL prototype at the Farnborough Airshow in the UK and completed the selection of the primary suppliers for its EAV prior to entering its testing phase. The test phase includes flight capabilities and safety features for Eve, which has pre-orders for 2,900 of its flying vehicles, according to the company. "Eve Air funding includes a $94 million investment from several investors, including Embraer, the main backer of Eve Air, and a $20 million investment from Nidec Aerospace, the maker of its electric propulsion system. The investment is part of the Nidec strategy to supply products such as chargers for EAVs.

“We have built a solid partnership with Eve Air Mobility since Revo's inception. After conducting joint tests and actively contributing to the development of aircraft that will shape the industry's future, we are once again making history,” said Jeremy Akel, CEO of OHI. “It is a great honour to be the first to operate eVTOLs in São Paulo, leading a new chapter in urban air mobility. With first-class, safe and sustainable service, we continue advancing our mission to redefine the flying experience and intelligently connect cities.” Eve is currently conducting ground tests of its electric pusher motor in Brazil, a key component of the four-passenger lift-and-cruise eVTOL aircraft. These tests will lead into flight trials, with certification and entry into service targeted by the end of 2026. The first deliveries to Revo are expected in late 2027. Eve Air also works with Embraer and Groupe ADP to prepare for EAV operations at Paris-Le Bourget Airport, including updating airport facilities by adding training, maintenance and ground services for eVTOL vehicles. The company came out of Embraer’s business and innovation accelerator and has been working to create a low-sound vehicle with efficient thrust. The Eve Air flying taxi is expected to enter service in 2026, with the company leveraging Embraer’s experience of developing, designing and certifying aircraft. It is expected that Eve would use Embraer’s global network of service and support locations."

Eve says it now holds sales agreements for nearly 3,000 eVTOLs with 30 operators across 12 countries, underscoring growing global interest in sustainable urban flight. “This agreement with Revo and OHI represents a critical milestone for Eve, demonstrating growing market confidence in our technology and operational model,” said Johann Bordais, CEO of Eve. Eve Air also has an order for up to 50 of its EAVs from the largest helicopter air charter service in Japan as AirX Inc. signed a letter of intent to purchase 10 EAVs with an option to purchase 40 more and announced the launch of the Greater Tokyo Area’s first eVTOL test field, the urban air mobility centre. In addition to Japan, Eve is working with customers in Australia and South Korea. Eve Air and UrbanX in Miami plan to launch eVTOL commuter flights throughout South Florida by 2026, when the first 10 Eve flying vehicles are planned for delivery. GlobalX agreed to purchase 200 flying vehicles from Eve Air in 2022 and established UrbanX as a subsidiary of GlobalX. The Florida flights are intended to help commuters navigate short distances and avoid traffic congestion and improve travel times. Road travel times in Miami can be challenging because of delays caused by the frequent opening of numerous draw bridges as boats navigate through the many channels. The electric flying service in Florida is subject to approvals from the Federal Aviation Administration and Department of Transportation. Eve Air also is growing arrangements with low-cost carriers, such as its deal with Flynas, a low-cost airline in Saudi Arabia, to explore starting eVTOL services in Riyadh and Jeddah. Eve Air and Korean airline Jeju Air, the largest low-cost airline in Korea, also have plans for EAV use on Jeju Island.  Eve Air also has been working with cities, countries and regulatory authorities to establish concepts of operations in the US, Brazil and the UK. “As we move from concept to execution, we are not only advancing our commercial plan but also helping to build a robust and sustainable urban air mobility ecosystem, setting a new global standard for eVTOL adoption.” said Johann Bordais, CEO of Eve.

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