Eve Urban Air Mobility has announced a Letter of Intent agreement with Falko Regional Aircraft, which contemplates a potential order for 200 eVTOL aircraft and commercial partnership to develop a global network of eVTOL operators in support of urban air mobility missions.

The partnership between Eve and Falko will begin by establishing a working group to collaborate with Falko’s existing operators to develop initial route networks where Eve’s aircraft can be deployed in early adopter markets.

Additionally, Eve’s agnostic product portfolio of next-generation air traffic management software, service capabilities, and fleet operations services will also be introduced to create a safe, scalable network for each Falko lessee using Eve’s aircraft.

Andre Stein, co-CEO of Eve, said: “Our partnership with Falko, a trusted aircraft leasing leader, cements our position in the global Urban Air Mobility marketplace and not only widens our potential operator base through Falko’s global customer footprint but increases our ability to provide full stack solutions, through partnerships. 

“We are proud to have Falko as a strategic partner in Eve as our two organisations collaborate to lead a new generation of sustainable innovation, in aviation.”

Falko is a specialist aircraft operating leasing, asset management and aircraft services company focused on the regional aircraft sector. It is currently one of the world’s largest lessors of regional aircraft by value and aircraft numbers.

The company has been closely cooperating with Embraer since 2014 and chose Eve as its Urban Air Mobility partner due to Embraer’s long record for certifying trusted aircraft for more than 52 years.

Jeremy Barnes, CEO of Falko, added: “I am thrilled to announce this huge development in our long-standing and successful relationship with Embraer. We are very excited by our strategic partnership with Eve which forms part of our drive to be at the forefront of the greening of the aviation sector.

“We firmly believe in the prospects of the eVTOL market and that Eve, with the support of Embraer’s experience in the manufacturing, certification and support of aircraft, will be a market leader.”