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United Airlines investing millions in electric air taxis

2022-09-09 18:06 by
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United Airlines is investing $15 million in Eve Air Mobility, an electric aviation startup owned by Brazilian aircraft manufacturer Embraer. As part of the deal, United will purchase 200 of Eve's electric air taxis, which can seat four passengers and take off and land vertically like a helicopter.

The investment builds upon another $10 million United invested in flyng taxi firm Archer earlier this year. United had previously agreed to purchase 100 aircraft from Archer. Now, through its deal with Eve, United says it hopes to have first deliveries of aircraft by 2026. United says it also has options for 200 additional aircraft.

Eve's electric vertical takeoff and landing (eVTOL) aircraft have a range of 60 miles, leverage conventional fixed wings, rotors and pushers and can reduce noise levels by 90% compared to the current conventional aircraft. Eve also has access to Embraer's service centers, parts warehouses and field service technicians.

"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," Michael Leskinen, President of United Airline's ventures said in a statement. "Together, we believe our suite of clean energy technologies will revolutionize air travel as we know it and serve as the catalyst for the aviation industry to move toward a sustainable future."

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