- Letter of Intent includes purchase of up to 40 electric
vertical take-off and landing (eVTOL) aircraft
MELBOURNE, Fla., Dec. 8, 2022
/PRNewswire/ -- Eve Air Mobility ("Eve") (NYSE: EVEX; EVEXW) has
signed a Letter of Intent (LOI) with FlyBIS Aviation Limited
("FlyBIS"), an advanced air mobility start-up based in Caxias do
Sul, in the south of Brazil, to
collaborate on the development of eVTOL operations in Brazil and South
America. Based on the agreement, FlyBIS will also purchase
up to 40 of Eve's eVTOL vehicles.
"This new collaboration with FlyBIS will enable us to expand the
future of air mobility to Southern areas of Brazil and other South American countries,"
said Andre Stein, Co-CEO of Eve.
"This region has several high-traffic tourist areas that will
benefit from eVTOL operations, reinforcing our commitment to
fostering the urban air mobility market in different regions around
the world."
FlyBIS has become a promising option for air mobility in
South Brazil in the short term and
is set to help change and improve the way future generations will
move. After starting operations in Brazil's southern states, FlyBIS plans to
expand operations to neighboring countries and contribute to the
implementation and development of Eve's air mobility ecosystem.
FlyBIS is backed by Brave Aviation whose current fleet includes
Embraer Phenom 100 as well as other aircraft.
"We have a strong team in FlyBIS working together with Eve's
outstanding workforce and second-to-none resources to develop and
implement this project in the most financially efficient and
sustainable way," said FlyBIS Co-Founder and CEO Gustavo Zanettini, who is also an aviation
consultant and airline pilot. "Our team is very motivated and
confident, and we will be working to change future generations'
urban air mobility for a more accessible and cleaner
experience."
FlyBIS' vehicles are included in Eve's industry-leading order
backlog of up to 2,770 eVTOLs.
Image: https://bit.ly/3F0Pfqy
Follow Eve on Twitter: @Eveairmobility
About FlyBIS
FlyBIS was founded with the Vision of a more Sustainable and
Efficient mobility future.
Your Time, Your Future! That is our motivation to deliver
Advanced Air Mobility (AAM) Solutions to the Southern States of
Brazil as early as 2026 and to
other Latin American countries as part of our expansion plan.
Backed by Brave Aviation and now partnering with Eve Air Mobility,
FlyBIS brings decades of Aviation experience to deliver a greener
and more gratifying future. For more information, please visit
www.flybis.com.br or contact info@flybis.com.br.
About Eve Air Mobility
Eve is dedicated to accelerating the Urban Air Mobility
ecosystem. Benefitting from a start-up mindset, backed by Embraer's
more than 50-year history of aerospace expertise, and with a
singular focus, Eve is taking a holistic approach to progressing
the UAM ecosystem, with an advanced eVTOL project, a comprehensive
global services and support network and a unique air traffic
management solution. Since May 10,
2022, Eve is listed on the New York Stock Exchange, where
its shares of common stock and public warrants trade under the
tickers "EVEX" and "EVEXW". For more information, please visit
www.eveairmobility.com.
Forward-Looking Statements Disclosure
Certain statements in this press release include
"forward-looking statements" within the meaning of the "safe
harbor" provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements may be identified by the use of
words such as "estimate," "plan," "project," "forecast," "intend,"
"will," "expect," "anticipate," "believe," "seek," "target", "may",
"intend", "predict", "should", "would", "predict", "potential",
"seem", "future", "outlook" or other similar expressions (or
negative versions of such words or expressions) that predict or
indicate future events or trends or that are not statements of
historical matters. All statements other than statements of
historical facts are forward-looking statements and include, but
are not limited to, statements regarding Eve's and FlyBIS' current
expectations or forecasts of future events. These statements are
based on current assumptions about future events that may not prove
to be accurate and are not predictions of actual performance. These
forward-looking statements are provided for illustrative purposes
only and are not intended to serve as, and must not be relied on by
any investor as, a guarantee, an assurance, a prediction or a
definitive statement of fact or probability. Actual events and
circumstances are difficult or impossible to predict and may differ
from assumptions, and such differences may be material. Many actual
events and circumstances are beyond the control of Eve and
FlyBIS.
These forward-looking statements are subject to a number of
risks and uncertainties, including: (i) changes in domestic and
foreign business, market, financial, political and legal
conditions; (ii) failure to realize the anticipated benefits of the
announced partnership between Eve and FlyBIS; (iii) risks relating
to the uncertainty of the projected financial information with
respect to Eve; (iv) the outcome of any legal proceedings that may
be instituted against Eve; (v) future global, regional or local
economic and market conditions, including the growth and
development of the urban air mobility market; (vi) the development,
effects and enforcement of laws and regulations; (vii) Eve's
ability to grow and manage future growth, maintain relationships
with customers and suppliers and retain its key employees; (viii)
Eve's ability to develop new products and solutions, bring them to
market in a timely manner, and make enhancements to its platform;
(ix) Eve's ability to successfully develop, obtain certification
for and commercialize its aircraft, (x) the effects of competition
on Eve's future business; (xi) the outcome of any potential
litigation, government and regulatory proceedings, investigations
and inquiries; (xii) the impact of the global COVID-19 pandemic and
(xiii) those factors discussed in Eve's Registration Statement on
Form S-1/A filed on August 25, 2022
under the heading "Risk Factors," and other documents of Eve filed,
or to be filed, with the Securities and Exchange Commission
(SEC).
If any of these risks materialize or our assumptions prove
incorrect, actual results could differ materially from the results
implied by these forward-looking statements. There may be
additional risks that Eve does not presently know or that Eve
currently believes are immaterial that could also cause actual
results to differ from those contained in the forward-looking
statements. In addition, forward-looking statements reflect Eve's
expectations, plans or forecasts of future events and views as of
the date of this press release. Eve anticipates that subsequent
events and developments will cause Eve's assessments to change.
However, while Eve may elect to update these forward-looking
statements at some point in the future, Eve specifically disclaims
any obligation to do so. These forward-looking statements should
not be relied upon as representing Eve's assessments as of any date
subsequent to the date of this press release and undue reliance
should not be placed upon the forward-looking statements.
Investor Information
https://ir.eveairmobility.com/
Contacts
investors@eveairmobility.com
media@eveairmobility.com
info@flybis.com.br
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SOURCE Eve Holding, Inc.