Embraer's electric aircraft maker Eve 'on track' to start service in 2026

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Embraer's electric aircraft maker Eve 'on track' to start service in 2026
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SAO PAULO : Electric aircraft maker Eve Holding Inc is 'on track' to meet its goal of starting commercial operations in 2026, an executive said on Friday, and getting its aircraft certificated is the most immediate target.Eve's vice president of services & fleet operations, Luiz Mauad, told Reuters in an

SAO PAULO : Electric aircraft maker Eve Holding Inc is"on track" to meet its goal of starting commercial operations in 2026, an executive said on Friday, and getting its aircraft certificated is the most immediate target.

"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 debuted on the New York Stock Exchange in May 2022 after combining its business with Zanite Acquisition Corp, raising around $400 million to manufacture its flying taxis. BNDES later announced it would grant Eve an additional 490 million reais .

"The investment we have already raised gives us peace of mind to develop all these products until they are put into service," he said."Further investments may come, if needed, but we are still in a very comfortable position."

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