Eve Raising $230 Million To Support eVTOL Aircraft Development

From LNA’s partner at AIN:

By Charles Alcock • Managing Editor

EVE Advanced Air Mobility urban taxi created by an affiliate of Embraer. Credit: EVE.

Eve Air Mobility plans to raise $230 million in equity capital through a share offering that is set to close on Friday. The government-backed Brazilian Development Bank (BNDES), along with Embraer and several institutional investors, subscribed to the offering of 47,422,680 shares in common stock, priced at $4.85 per share.

The offering includes new Brazilian Depository Receipts backed by BNDES that will be listed on the São Paulo stock exchange. Eve will use the proceeds from these to cover the cost of services performed in Brazil, where it is manufacturing the four-passenger eVTOL Eve 100 it is developing for service entry in 2027.

The full story may be read on AIN here.

ICAO Flags Safety Risks as Traffic Sets Record

By Amy Wilder • Writer

Global aviation safety trends remain positive over the long term, but the International Civil Aviation Organization (ICAO) warns that accident and fatality rates rose in 2024 from the previous year despite record-breaking traffic volumes. The agency’s 2025 Edition Safety Report – State of Global Aviation Safety recorded 95 accidents involving scheduled commercial flights worldwide, up from 66 in 2023. Ten of those were fatal, resulting in 296 deaths—more than quadruple the 72 fatalities reported the previous year.

The full story may be read on AIN here.

Tariffs Force Pilatus Aircraft To Pause U.S. Deliveries

By Matt Thurber • Editor-in-Chief

Pilatus Aircraft is temporarily pausing deliveries of PC-12 turboprop singles and PC-24 twinjets to the U.S., due to high tariffs—39%—recently imposed on Swiss imports to the U.S. According to Pilatus, “The new trade tariff imposed by the U.S. authorities puts Pilatus at a significant competitive disadvantage. In the short term, the tariff will lead to a temporary halt in PC-12 and PC-24 deliveries to the U.S. Existing relationships with our U.S. customers and provision of services will continue seamlessly and in full.”

The full story may be read on AIN here.

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