Fahari Aviation, Eve Sign Agreement To Scale Urban Air Mobility

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Fahari Aviation, a subsidiary of Kenya Airways and EVE UAM, LLC, a subsidiary of Eve Holding, Inc. and a carve-out of Embraer S.A. (“Embraer”), have signed a Letter of Intent (LoI) for up to 40 electric Vertical Take-Off and Landing (eVTOL) vehicles. The agreement includes joint studies through a working group to develop and scale the Urban Air Mobility (UAM) …