United Airlines announced today that it has invested $15 million in Eve Air Mobility. The airline also signed a conditional purchase agreement for 200 of Eve’s electric vertical take-off and landing (eVTOL) aircraft and options to buy 200 additional aircraft. These aircraft are expected to be delivered in 2026. United provided a $10 million pre-delivery payment to Archer Aviation, another leading eVTOL developer, last month for 100 of Archer’s aircraft.
One of Eve’s competitive advantages is its connection to Embraer, which includes access to Embraer’s service centers and field service technicians. According to the announcement, United could utilize Eve’s service and support operations for its eVTOL fleet once it has entered into service.
Michael Leskinen, President of United Airlines Ventures, commented on the announcement, saying that United is 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 – without using traditional offsets,” Leskinen remarked.