United, the US airline has invested a further USD 15 million in Eve Air Mobility according to a press release published by Eve. In addition “a conditional purchase agreement for 200 four-seat electric aircraft plus 200 options, with expected first deliveries as early as 2026” has been agreed according to the press release which continues, “This marks another significant investment from United in flying taxis – or eVTOLs (electric vertical take-off and landing vehicle) – that has the potential to revolutionize the commuter experience in cities around the world. 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 and the urban air mobility (UAM) ecosystem.”
The press release then reports “United was the first major U.S. airline to create a corporate venture fund, United Airlines Ventures (UAV), designed to support the company’s 100% green commitment to reach net zero emissions by 2050 without the use of traditional offsets. Through UAV, United has led the industry in investments in eVTOL and electric aircraft, hydrogen fuel cell engines, and sustainable aviation fuel. Last month, United gave a $10 million deposit to a California-based eVTOL company for 100 aircraft.
“United’s investment in Eve was driven in part by confidence in the potential growth opportunities in the UAM market and Eve’s unique relationship with Embraer, a trusted aircraft manufacturer with a proven track record of building and certifying aircraft over the company’s 53-year history. Critically, their relationship includes access to Embraer’s service centres, parts warehouses and field service technicians, paving the way for a reliable operation. Upon entry into service, United could have its entire eVTOL fleet serviced by Eve’s agnostic service and support operations. Moreover, United joins the consortium led by Eve, which will simulate UAM operations in Chicago from September 12th.”
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(Image: Eve Air Mobility)