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United Airlines invests USD15 million with Eve Air Mobility

Unit­ed Air­lines Ven­tures has invest­ed USD15 Mil­lion with Eve Air Mobil­i­ty after sign­ing a pur­chase agree­ment for up to 400 Eve eVTOL Air­craft, reports a press release. The Air­line has already secured USD10 mil­lion with Archer Avi­a­tion.

This agree­ment cov­ers a con­di­tion­al pur­chase agree­ment for 200 four-seater Eve eVTOL air­craft plus 200 options, with expect­ed first deliv­er­ies dur­ing 2026. This is anoth­er sig­nif­i­cant invest­ment from Unit­ed in the fly­ing taxi mar­ket.

The agree­ment with Eve also includes col­lab­o­ra­tion on future projects, like stud­ies on the devel­op­ment, use and appli­ca­tion of its air­craft and the urban air mobil­i­ty (UAM) ecosys­tem.

Michael Lesk­i­nen

Michael Lesk­i­nen, Pres­i­dent of Unit­ed Air­lines Ven­tures, com­ment­ed, “Today, Unit­ed is mak­ing his­to­ry again, by becom­ing the first major air­line to pub­licly invest in two eVTOL com­pa­nies. Our agree­ment with Eve high­lights our con­fi­dence in the urban air mobil­i­ty mar­ket and serves as anoth­er impor­tant bench­mark toward our goal of net zero car­bon emis­sions by 2050.”

Andre Stein, co-CEO of Eve, added, “This is an unpar­al­leled oppor­tu­ni­ty to work with Unit­ed to advance the U.S UAM ecosys­tem. I am con­fi­dent our solu­tions, cou­pled with the glob­al know-how we have been devel­op­ing at Eve along­side Embraer’s her­itage, are the best fit for this ini­tia­tive.

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 per­cent green com­mit­ment to reach net zero emis­sions by 2050. Through UAV, Unit­ed has led the indus­try in invest­ments in eVTOL and elec­tric air­craft, hydro­gen fuel cell engines, and sus­tain­able avi­a­tion fuel.

Andre Stein

The release says, “United’s invest­ment in Eve was dri­ven in part by con­fi­dence in the poten­tial growth oppor­tu­ni­ties of the UAM mar­ket and Eve’s unique rela­tion­ship with Embraer.”

It con­tin­ues, “Crit­i­cal­ly, their rela­tion­ship includes access to Embraer’s ser­vice cen­tres, parts ware­hous­es and field ser­vice tech­ni­cians, paving the way for a reli­able oper­a­tion.”

In fact, Unit­ed even­tu­al­ly could have its entire eVTOL fleet ser­viced by Eve’s sup­port oper­a­tions. The Air­line also joins the con­sor­tium led by Eve, which will sim­u­late UAM oper­a­tions in Chica­go start­ing next week.

For more infor­ma­tion

https://www.united.com/en/gb

https://eveairmobility.com/

(Pics: Eve/United Air­lines)

eVTOL Insights Editorial

This article was compiled by the eVTOL Insights editorial team.

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