Brazilian electric aircraft ‘on track’ to begin operating in 2026

BRASILIA, Brazil: Luiz Mauad, vice president of Brazilian electric aircraft maker Eve Holding, said the company was "on track" to begin commercial operations in 2026, adding that getting its aircraft certified is the company’s current goal.

In an interview with Reuters, Mauad said he expects authorities in 2023 to implement new rules for the aircraft industry, which would pave the way for certification "in a few years."

In 2022, Eve, controlled by Brazilian planemaker Embraer SA, began its application to Brazil’s civil aviation regulator to certify its electric vertical take-off and landing aircraft, which has already amassed a backlog of over 2,700 orders prior to its production.

"Of course, entering service is an important milestone, but before that comes the certification. And certifying an airplane, even a traditional one, is always a huge challenge," Mauad added, as reported by Reuters.

"Eve is confident about the ‘robust project,’ which is backed by Embraer’s expertise," he added, noting that following a listing in the US and additional funding from Brazil’s state development bank BNDES, the company has the capital needed for the project, which is expected to cost $540 million.

"We have a solid base of investment to make our project, company and products viable," Mauad said.

Eve’s investors include United Airlines, Acciona SA, SkyWest, Bradesco BBI, Rolls-Royce, Thales and BAE Systems.

According to Mauad, Eve still prioritizes working through its partnerships, but he acknowledged that the sector could go through a consolidation process.