Eve Air Mobility Secures an Order for Up to 16 eVTOL Aircraft from Shearwater Global Capital, Bay Point's Aviation Finance Company
Eve Air Mobility has signed a Letter of Intent (LOI) with Shearwater Global Capital for the leasing of up to 16 vertical take-off and landing (eVTOL) aircraft. This partnership is part of Shearwater's strategy to expand its aviation finance offerings to include advanced air mobility (AAM) solutions, indicating a growing demand for such technologies in the aviation sector.
The agreement aligns with Shearwater's broader strategy post its acquisition by Bay Point in April 2026, focusing on investing in transformative aviation technologies and sustainable transportation options. As a financial institution specializing in aviation investments, Shearwater intends to leverage Eve's extensive backlog of aircraft orders to provide leasing solutions that facilitate access to eVTOL aircraft for air mobility operators.
Johann Bordais, CEO of Eve Air Mobility, expressed the company's enthusiasm for collaborating with Shearwater, noting the significant role advanced air mobility is expected to play in the future of transportation. Chris Miller, managing director of Shearwater Global Capital, emphasized the company's confidence in Eve's technology and its commitment to support the growth of the advanced air mobility market through innovative leasing solutions.
Eve's eVTOL aircraft is designed to offer an efficient and sustainable transportation experience, drawing on the expertise of its parent company, Embraer. The agreement with Shearwater adds to Eve's backlog of aircraft commitments and highlights the increasing commercial interest in advanced air mobility solutions.