Embraer’s Eve says it signed letter of intention with AirX to sell up to 50 eVTOL

By Thomson Reuters Apr 17, 2024 | 6:28 AM

SAO PAULO (Reuters) -Electric aircraft maker Eve has signed a letter of intent with Japan’s public helicopter charter service company AirX to sell up to 50 electric vertical take-off and landing (eVTOL) aircraft, it said on Wednesday.

Eve, which is controlled by Brazilian planemaker Embraer, said the letter includes a firm order for 10 eVTOL and an agreement involving other potential 40 units.

Eve did not release financial terms under the letter of intent.

The Embraer firm, which earlier had reported an order backlog of more than 2,800 eVTOLs, plans to enter into service in 2026.

(Reporting by Andre Romani and Steven Grattan; Editing by Louise Heavens)