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Eve Signs Agreements on Mobility Services and Aircraft Leasing

Eve Advances Mobility Services and Aircraft Leasing with New Agreements
Eve Air Mobility has formalized two Letters of Intent (LOIs) for up to 46 electric vertical take-off and landing (eVTOL) aircraft, signaling a strategic expansion into tourism and regional transport in Cabo Verde, alongside global aviation leasing services. Announced at the Farnborough International Airshow in the United Kingdom, these agreements represent a pivotal development in Eve’s pursuit of advanced air mobility solutions.
Expanding Regional Mobility and Tourism in Cabo Verde
The first LOI involves up to 30 eVTOL aircraft designated for Moov, a Swiss aviation company, to explore applications in tourism and regional mobility across Cabo Verde and parts of Europe. This partnership aims to evaluate eVTOL operations throughout the Cabo Verde archipelago, including sightseeing flights and shuttle services connecting airports, ports, and resorts. The assessment will also consider broader regional mobility uses across islands such as São Vicente, Santo Antão, Sal, Praia, and Boa Vista, with potential extensions into medical transport and infrastructure inspections. These initiatives are designed to complement the existing transport networks and enhance visitor infrastructure in the island nation.
Tourism remains a vital sector for Cabo Verde’s economy, with tourist arrivals projected to reach approximately 1.18 million in 2024, reflecting a 16.5% increase year-on-year, according to World Bank data. The country’s ongoing investments in connectivity and tourism infrastructure create a conducive environment for the introduction of innovative mobility solutions.
Johann Bordais, CEO of Eve, highlighted the strategic significance of the collaboration, stating, “This LOI with Moov reflects Eve’s continued commitment to working with customers and partners that are building practical, high-value advanced air mobility use cases. Cabo Verde offers a compelling combination of tourism demand growth, geographic diversity and infrastructure investment momentum, making it an exciting market to explore how eVTOLs can complement existing transportation networks and develop new segments.”
Moov, headquartered in Lugano, is developing the Atlantic Gateway, an intercontinental aviation network linking Europe, Africa, and Latin America. The proposed eVTOL operations in Cabo Verde align with Moov’s broader strategy to harness advanced air mobility technologies for enhanced local connectivity and premium travel services. Captain Alvaro N. de Oliveira, Founder and CEO of Moov, remarked, “We believe Cabo Verde is uniquely positioned to benefit from innovative mobility solutions that enhance the visitor experience while supporting long-term connectivity and economic development. By working with Eve, we are exploring how eVTOL aircraft could complement our broader vision for aviation in the mid-Atlantic and open new possibilities for premium, efficient and sustainable transportation.”
Global Leasing Services and Industry Challenges
The second LOI covers up to 16 eVTOL aircraft intended for Shearwater Global Capital, the aviation finance division of Bay Point, focusing on worldwide leasing services. This agreement underscores Eve’s ambition to establish a foothold in the global aviation leasing market, facilitating broader access to eVTOL technology.
Despite the promising outlook, Eve Air Mobility faces significant challenges. Regulatory complexities, technological uncertainties, and competition from established aviation entities could affect the deployment and scalability of eVTOL services. While investor interest remains strong due to the innovative nature of eVTOL technology, skepticism persists regarding the economic viability and long-term sustainability of such operations. Competitors may respond by accelerating their own eVTOL development programs or forging strategic partnerships to secure their positions within the rapidly evolving advanced air mobility sector.
Eve’s recent agreements highlight both the opportunities and inherent complexities involved in introducing next-generation air mobility solutions to new markets. As the company and its partners advance, they must navigate a dynamic landscape shaped by innovation, competitive pressures, and regulatory scrutiny.

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