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UPDATE 1-Embraer's Eve to sell up to 100 electric aircraft to Bristow

Gabriel Araujo
·1-min read

(Adds details and context)

By Gabriel Araujo

SAO PAULO, Sept 23 (Reuters) - Brazilian planemaker Embraer SA said in a securities filing on Thursday that its subsidiary Eve has signed a memorandum of understanding with Bristow Group to sell up to 100 electric aircraft.

Eve will deliver the first vertical takeoff and landing (eVTOL) aircraft to Bristow by 2026. Both companies will develop an urban mobility model to operate the aircraft, focusing on areas such as regulatory development, eVTOL certification and autonomous operation, Embraer said.

Bristow president and CEO Chris Bradshaw said the agreement outlines the continued development for an eVTOL that could "potentially reshape the market for all electric vertical lift with zero-emissions".

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He also believes that the move could lower operating costs in the industry and sees it as an expansion for Bristow into new potential end markets.

Embraer's Eve this week announced a partnership with Helipass to offer electric flying taxis services in Europe, which are also expected to start in 2026. (Reporting by Tatiana Bautzer and Gabriel Araujo; editing by Jason Neely)