Embraer sees revenue boost from electric aircraft subsidiary

Eve Holding, Inc.

Eve Holding, Inc.

EVEX

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- Brazilian planemaker Embraer EMBJ3.SA expects electric aircraft subsidiary Eve EVEX.N 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.