Falcon Aviation Services-a leading Business Aviation Services operator in the Middle East and Africa region, and a subsidiary of Eve Holding, Inc. (“Eve” or the “Company”), had signed a Letter of Intent (LoI) for up to 35 electric vertical take-offs and landing (eVTOL) aircraft, in April 2022.
The Letter of Intent (LoI) signed, saw an order placed for up to 35 eVTOL aircraft, besides the fact that both the entities agreed on collaborating with local stakeholders and authorities to extend support and accelerate the development of the Urban Air Mobility (UAM) ecosystem in the United Arab Emirates.
We are ecstatic to partner with Eve and be the first operator of eVTOL in Dubai & the MENA region. The launch of this concept fully aligns with the Smart Dubai vision and will contribute to positioning Dubai as a global leader in sustainable Urban Air Mobility transportation. Falcon is actively engaged in Urban Air Mobility emergence and committed to delivering an effective and sustainable new urban transportation mode and providing the community with better and faster solutions. We are particularly proud to take a new step in the UAE, in a project that will be revolutionary for sustainable urban mobilityCaptain Ramandeep Oberoi, Chief Operating Officer of Falcon, said
Deliveries are expected to commence by 2026 and the collaboration will launch the first eVTOL touristic flights from the Atlantis, The Palm in Dubai.
We are thrilled about partnering with Falcon and having the immense opportunity to enable the future urban mobility in the United Arab Emirates and launch eVTOL flights in Dubai. This is a massive challenge for both companies, which will help to position Dubai as a leader in the urban air mobility market. Eve’s global experience, which spans different regions across the globe, will surely benefit the achievement of this projectsaid Andre Stein, co-CEO of Eve
After having established itself as a leading operator in the aviation industry in the UAE and the MENA region, Falcon Aviation is located at Abu Dhabi’s Al Bateen Executive Airport and Dubai’s Al Maktoum International Airport.
Backed by Embraer S.A.’s more than 50-year history of aerospace expertise, Eve focuses more on accelerating the Urban Air Mobility ecosystem. According to the company, the UAM market is an estimated $760 billion industry and is apparently in no hurry to launch its aircraft which it dubs a flying taxi.
Stein highlighted the fact that the company is adopting a more holistic approach and is leaning more towards the “right direction”, than running in haste to provide investors with a preview of a prototype.
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