📺 Stream EntrepreneurTV for Free 📺

Eve Air Mobility Ties Up With Fly Blade India To Bring Air Taxis The aerospace major will deploy 200 air taxis that have a list price of $3 million apiece and each one of them will fly for 1000 hours every year

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Eve Air Mobility Twitter handle

Eve Air Mobility (EAM), an arm of Brazilian aerospace major Embraer, has reportedly tied up with Fly Blade India, a Gurugram-based firm, to bring air taxis to the country within next five years.

As per TOI report, the urban air mobility player has agreed up to 2 lakh flying hours annually with Fly Blade. It means it will deploys 200 air taxis that have a list price of $3 million apiece and each one of them will fly for 1000 hours every year

United airlines has invested $15 million in Eve Air Mobility and a conditional purchase agreement for 200 four-seated electric aircrafts expected to start delivery in 2026. "This marks another significant investment from United in flying taxis or electric vertical take-off and landing vehicle (eVTOLs), which has the potential to revolutionize the commuter experience in cities around the world," said the company in a statement.

"Initially ou eVTOL will be piloted, with a seating capacity for four passengers and cargo space, a must for airport service. They will weigh about 2.5 to 3 tonnes in which batteries will account for a quarter of this weight, it will have a maximum take-off weight equivalent to a chopper and have a flying range of 100 km," said Andre Duarte Stein, co-CEO, EAM, in a statement while interacting with TOI. He also termed India as a country which is most relevant for urban air mobility and said that EAM plans to launch six-seater automated air taxis that will run without a pilot, in the second stage of development.

"We expect Eve air taxis to start flying commercially by 2026 and India will be among the first countries to get them. We are very proud to bring this service to India in 2026 or shortly thereafter and our groundwork for creating the infra will begin immediately," said Fly Blade India MD Amit Dutta, in a statement.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Side Hustle

These Coworkers-Turned-Friends Started a Side Hustle on Amazon — Now It's a 'Full Hustle' Earning Over $20 Million a Year: 'Jump in With Both Feet'

Achal Patel and Russell Gong met at a large consulting firm and "bonded over a shared vision to create a mission-led company."

Collaboration

5 Ways Solopreneurs Can Scale Their Business Through Collaboration

Our culture loves to perpetuate the myth that entrepreneurs must go it alone. But for many, the path to success is found in collaboration.

Business News

Samsung's New Ad Pokes Fun at Apple's Controversial 'Crush' Ad

Creative universes overlap in a new ad from Samsung.

Business News

Warren Buffett Finally Reveals What Mystery Company Got a $6.7 Billion Investment from Berkshire Hathaway

Berkshire Hathaway purchased over 26 million shares of the insurance giant, Chubb.

Starting a Business

Are You Ready For Entrepreneurship? Here's How to Break Free of the Corporate Grind to Pursue Your Passion

Before you quit your 9-5, evaluate these myths vs realities of being an entrepreneur.