Business

Embraer's Electric Aircraft Subsidiary Provides Revenue Boost
By Reuters | 09 Jun, 2026

Eve's eVTOL aircrafts are expected contribute $1 billion to $1.5 billion of revenue per year after its production ramp-up.

Brazilian planemaker Embraer expects electric aircraft subsidiary Eve to contribute $1 billion to $1.5 billion of revenue per year after its production ramp-up, Chief Executive Francisco Gomes Neto said on Tuesday.

• Estimate would depend on market performance in the segment, Gomes Neto told reporters.

• Eve's electric vertical takeoff and landing (eVTOL) vehicle is currently expected to be certified and enter into service in 2028.

• Embraer forecasts group revenue at between $8.2 billion and $8.5 billion this ‌year, aims to achieve double-digit billions of dollars by 2030 "or even earlier," Gomes Neto said.

• Embraer confident it will meet its 2026 full-year guidance.

(Reporting by Gabriel Araujo, Editing by Louise Heavens)