Eve, Global Crossing Airlines Sign LOI For Up To 200 eVTOL Aircraft

Eve UAM, LLC , an Embraer SA ERJ company, signed a Letter of Intent with Global Crossing Airlines Group, Inc. JETMF for order of up to 200 of Eve's electric vertical take-off and landing aircraft (eVTOL).
This potential sale is included in Eve's current order backlog of up to 1,785 eVTOLs. Delivers are expected to start in 2026.
The agreement also enables a partnership that intends to explore the development of an ecosystem to scale Urban Air Mobility (UAM) and reinforces the Concept of Operations (CONOPS) in Miami-Dade.
Separately, Eve UAM announced the formation of a consortium of leading Urban Air Mobility (UAM) organizations and technology enablers, including Skyports, L3Harris Technologies Inc LHX, and the Community Air Mobility Initiative (CAMI).
The consortium will develop a Concept of Operations (CONOPS) for UAM operations between Miami International Airport (MIA) and the Miami Beach Convention Center.
Price Action: ERJ shares are trading higher by 3.87% at $11.01, and LHX lower by 5.23% at $244.62 on the last check Wednesday.