BRAZILIAN FLYING TAXI SERVICE TO LAUNCH IN 2026

Tue 21 February 2023:

The developer still has to obtain an official certification for its aircraft. For now, there are no clear rules for this sector, so the company expects authorities to make progress in establishing official regulations this year.

The brand Eve is a subsidiary of the Brazilian aerospace manufacturer Embraer. The company has already initiated the certification process for its new aircraft. The series production of its new electric vertical take-off and landing (eVTOL) vehicles has not started yet, but Eve has already amassed more than 2,770 orders for this model, but production cannot start before the model receives its official certification.

“Of course entering service is an important milestone, but before that comes the certification. And certifying an airplane, even a traditional one, is always a huge challenge,” Mauad said ahead of the MRO Latin America event in Buenos Aires.

Eve is confident about the “robust project,” which is backed by Embraer’s expertise, said Mauad, reiterating the goal of starting operations in 2026.

Eve has been listed on the New York Stock Exchange since May 2022. According to Eve’s vice president of services & fleet operations, Luiz Mauad, the company has all funds necessary to start industrial and transportation operations.

According to initial estimates, the overall project should cost at least $540 million. The list of investors includes well-known brands, such as United Airlines, Acciona SA, SkyWest Inc, Bradesco BBI, Rolls-Royce, Thales, and BAE Systems.

SOURCE: INDEPENDENT PRESS AND NEWS AGENCIES

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