The Embraer logo is seen at the full-scale prototype of an electric vertical take-off and landing (eVTOL) aircraft developed by Eve Air Mobility, an Embraer group company, as it is presented for the first time in Gaviao Peixoto, Brazil July 3, 2024. REUTERS/Amanda Perobelli
The Embraer logo is seen at the full-scale prototype of an electric vertical take-off and landing (eVTOL) aircraft developed by Eve Air Mobility, an Embraer group company, as it is presented for the first time in Gaviao Peixoto, Brazil July 3, 2024. REUTERS/Amanda Perobelli
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Business & Economy

Embraer sees revenue boost from electric aircraft subsidiary

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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• 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)

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By Reuters | Reuters | © Copyright Thomson Reuters 2026.

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