logo
  

United Airlines Invests Another $15 Mln In Electric Flying Taxi Market

unitedairlines sept25 08sep22 lt

United Airlines Holdings, Inc. (UAL) said on Thursday that it will invest a $15 million in Eve Air Mobility, and agreed for a conditional purchase deal for 200 four-seat electric aircraft plus 200 options.

With a view to fulfilling the future air mobility demand, the airline has ordered for up to 400 eVTOL aircraft from Eve with expected first deliveries as early as 2026.

The investment from the airline company in flying taxis, or electric vertical take-off and landing vehicle (eVTOLs) also allows the both parties to work on future projects, including studies on the development, use and application of Eve's aircraft and the urban air mobility (UAM) ecosystem.

Last month, United had given a $10 million deposit to a California-based eVTOL company for 100 aircraft.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Japanese entrepreneur Yusaku Maezawa has selected ten crewmembers, comprising artists, content creators, and athletes, to fly with him on SpaceX's Starship around the Moon on the dearMoon mission. SpaceX's first private lunar flight with dearMoon crew, including two backups, is planned to take place in 2023. Maezawa announced the crew for the mission in a YouTube video and a tweet. SpaceX, owned by Elon Musk, has launched 40 satellites of British communications network OneWeb into orbit. From NASA's Kennedy Space Center or KSC in Florida, Falcon 9 rocket on Thursday evening carried the satellites. The Falcon 9's first stage separated, and it then returned to Earth to make a landing on a SpaceX pad at the nearby Cape Canaveral Space Force Station. Google, owned by Alphabet Inc., plans to merge its teams working on Maps products and the mapping service Waze with effect from December 9, reports said. The decision to consolidate processes comes as the search giant is facing pressure to streamline operations and cut costs. The restructuring is expected to reduce overlapping work across the Waze and Maps products.
Follow RTT