United Invests in another flying taxi maker

Friday, 09 Sep, 2022 0

United Airlines announced a $15 million investment in Eve Air Mobility and a conditional purchase agreement for 200 four-seater electric aircraft.

The deal includes options for 200 more, with the first deliveries expected as early as 2026.

This marks another significant investment from United in eVTOL flying taxis.

Under the terms of the agreement, the companies intend to work on future projects, including studies on the development, use and application of Eve’s aircraft.

“United has made early investments in several cutting-edge technologies at all levels of the supply chain,” said Michael Leskinen, President of United Airlines Ventures.

“Today, United is the first major airline to publicly invest in two eVTOL companies.”

“United’s investment in Eve reinforces the trust in our products and services and strengthens our position in the North American market,” said Andre Stein, co-CEO of Eve.

United was the first major US airline to launch a corporate venture fund designed to support the company’s net zero emissions target.

Eve has a unique relationship with Embraer and access to Embraer’s service centers, parts warehouses and field service technicians.

Upon entry into service, United could have its entire eVTOL fleet serviced by Eve’s agnostic service and support operations.

United joins the consortium led by Eve, which will simulate UAM operations in Chicago from September 12.

Related News Stories :   Wizz Air inks sustainable aviation fuel supply deal     United invests in biofuel refinery     Wizz Air joins European Commission’s zero-emissions imitative     Ryanair first European airline to join new sustainable deposit scheme     Air Canada invests in carbon capture tech firm     G Adventures invests in travel-tech start-up Reforest  


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