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Embraer's Eve gets order of up to 200 electric aircraft from Global Crossing

Published 03/16/2022, 08:45 AM
Updated 03/16/2022, 08:51 AM
© Reuters. FILE PHOTO: The logo of Brazilian aviation company Embraer is seen during the Latin American Business Aviation Conference & Exhibition fair (LABACE) at Congonhas Airport in Sao Paulo, Brazil August 14, 2018. REUTERS/Paulo Whitaker
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SAO PAULO (Reuters) - Brazilian planemaker Embraer SA (NYSE:ERJ) said on Wednesday that its electric vertical take-off and landing (eVTOL) aircraft subsidiary Eve has signed a letter of intent with Global Crossing Airlines for the sale of up to 200 eVTOLs.

The potential sale was included in Eve's current order backlog of up to 1,785 aircraft, Embraer said in a securities filing, adding that deliveries are expected to start in 2026.

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