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Brazil’s EMBRAER gets positive news on eVTOLs; shares close up 5.6%

RIO DE JANEIRO, BRAZIL - Eve, an EMBRAER (EMBR3) company, and Sydney Seaplanes, yesterday, December 6, announced a partnership that will enable the deployment of electric air taxi operations in the Greater Sydney area, in Australia.

Through the partnership, Sydney Seaplanes has ordered 50 electric vertical take-off and landing (eVTOL) aircraft from Eve, with deliveries scheduled to begin in 2026.

The new partnership accelerates more sustainable tourism in the Greater Sydney region using 100% electric zero-emission aviation.

Also, over the weekend Eve announced a partnership with Australian helicopter operator Nautilus Aviation to develop the Urban Air Mobility (UAM) ecosystem . . .

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