United Airlines invests $15 million in Eve Air and orders 200 eVTOLs
United Airlines on Thursday announced a $15 million investment in Eve Air Mobility and a conditional purchase agreement for 200 four-seat electric planes plus 200 options, with first deliveries expected beginning in 2026. This marks another significant airline investment in the eVTOL (electric vertical takeoff and landing vehicle), which have the potential to revolutionize the traveler 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 aircraft and the urban air mobility (UAM) ecosystem.
“United has made early investments in several cutting-edge technologies at all levels of the supply chain, reinforcing our position as a leader in aviation sustainability and innovation,” said Michael Leskinen, president of United Airlines Ventures.
→ United threatens to drop JFK service if does not approve more flights.
United was the first major US airline to create a corporate venture fund, United Airlines Ventures (UAV), designed to support the company’s 100% green commitment to achieve net-zero emissions by 2050 without the use of traditional offsets .
Instead of relying on traditional combustion engines, eVTOL aircraft are designed to use electric motors, providing carbon-free flight and for use as “air taxis” in urban markets. Eve’s design uses conventional fixed wings, rotors and thrusters, giving it a practical and intuitive lift and cruise layout that promotes safety, efficiency, reliability and certifiability. With a range of 60 miles (100 km), your vehicle has the potential to not only offer a sustainable commute, but also reduce noise levels by 90% compared to today’s conventional aircraft. Eve is also creating a new air traffic management solution designed for the UAM industry to scale safely. This software is intended to function at the same level of security as Embraer’s existing air traffic management software and is expected to be a strategic asset to help the growth of the entire industry.
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