FutureFlight
Leasing Group Falko To Develop eVTOL Operator Network with Embraer's Eve
UK-based Falko Aviation has indicated that its strategy in the commercial aviation leasing market calls for the introduction of various electric aircraft.
Eve eVTOL Falko
Leasing group Falko Aviation may add 200 of Eve's four-passenger eVTOL aircraft to its portfolio under a new partnership with the Embraer subsidiary, in which it is a prospective investor. (Image: Eve Urban Air Mobility)

Leasing group Falko Regional Aircraft is considering the addition of 200 of Eve Urban Air Mobility’s four-passenger eVTOL aircraft to its portfolio. Under the terms of a letter of intent signed on January 11, the companies said the agreement “contemplates a potential order” for the all-electric aircraft that are expected to enter service in 2026; it also launched a partnership to develop a network of commercial eVTOL operators.

UK-based Falko is one of several strategic backers supporting Embraer’s plans to float shares in Eve on the New York Stock Exchange after combining the subsidiary with special purpose acquisition company (SPAC) Zanite Acquisition. Under plans announced on December 21, Embraer is contributing $175 million to a $305 million public investment in private equity, with $25 million coming from Zanite (backed by business aviation entrepreneur Kenn Ricci) and $105 million split between Falko, Azorra Aviation, BAE Systems, Bradesco BBI, Republic Airways, SkyWest, and Rolls-Royce.