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Brazil Business - Brazil

Embraer’s Eve partners with Australian helicopter operator in urban air mobility project

By · September 2, 2021 · 1 min read

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RIO DE JANEIRO, BRAZIL – Eve, a company formed by Embraer to develop and explore the global urban air mobility (UAM) market, announced a partnership with Microflite, one of Australia’s leading helicopter operators.

Under the agreement, the companies will lay the groundwork for new urban air mobility operations in Australia, scheduled to begin in 2026.

Read also: Check out our coverage on Embraer

The plan is to use helicopters as a proof of concept to validate the parameters applied to future electric vertical take-off and landing (eVTOL) aircraft operations.

Embraer's Eve partners with Australian helicopter operator
Embraer’s Eve partners with an Australian helicopter operator. (Photo internet reproduction)
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“This partnership also aims to develop new services and procedures that will create a safe and scalable operating environment for EVA [Electrical Vertical Aircraft] operations together with the communities and other industry stakeholders,” it said in a statement.

Microflite had already contributed to Eve since 2019.  together with Airservices Australia, it laid the foundation to explore new and practical concepts for safely introducing air cabs in Melbourne.

Live Company IntelligenceEmbraer SA ADR — the full investor dossierInside: live share price, market cap, three-year financials, valuation, ESG and peer benchmarks — plus the latest Rio Times coverage.
E
◆ Live Company Intelligence
Embraer
NYSE: ERJEMBJ3IndustrialsAerospace & Defense20,923 employees
$12.33B
Market cap
Analyst target $68.50

Wall Street view

3.9Moderate Buy/ 5
10 Buy3 Hold1 Sell
Avg. price target $68.50  ·  +30% vs 200-day

Valuation & profitability

Market cap$12.33B
Revenue (TTM)$39.80B
P / E ratio37.7
Profit margin5.4%
Return on equity11.3%

Price & risk

52-wk low
$53.97
52-wk high
$66.87
Beta (volatility)0.92
200-day average$52.79

Revenue trend · 6y

20192024
Latest $6.39B

Ownership

Institutions46.0%
Shares outstanding183M
Top holderGQG Partners LLC
Institutional holders5+ funds

Dividend

Yield0.1%
Payout ratio31.0%
Fwd. annual$0.05
What Embraer does. Embraer S.A., together with its subsidiaries, designs, develops, manufactures, and sells aircraft and systems worldwide. It operates through Commercial Aviation; Defense & Security; Executive Aviation; Services & Support; and Other segments. The Commercial Aviation segment develops, produces, and sells commercial jets. Its Defense & Security segment develops and produces military aircraft and…
Data: RT fundamentals (ERJ.US) · figures in USD · as of 16 Aug 2026More company intelligence →

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