SAO JOSE DOS CAMPOS, Brazil, June 9 (Reuters) – 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. • […]
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Embraer sees revenue boost from electric aircraft subsidiary
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SAO JOSE DOS CAMPOS, Brazil, June 9 (Reuters) – 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)