Moov Airways Signs LOI for Up to 30 eVTOLs from Eve at Farnborough

Swiss startup Moov Airways plans to buy up to 30 eVTOL aircraft from Embraer-backed Eve Air Mobility, with operations targeted in Cabo Verde and Europe. The LOI was signed at the Farnborough Air Show.

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Swiss startup Moov Airways has signed a letter of intent to purchase up to 30 electric vertical take-off and landing (eVTOL) aircraft from Eve Air Mobility, a company backed by Embraer. The LOI was announced at the Farnborough Air Show 2026.

Moov Airways, based in Basel, Switzerland, intends to operate the eVTOLs in Cabo Verde and across Europe. The company did not disclose a timeline for the start of operations or the value of the potential deal.

Eve has also secured an LOI from Shearwater Global Capital, also known as Bay Point, for up to 16 eVTOLs. This adds to a growing list of commitments for Eve's aircraft.

On the regulatory front, Eve has applied to the European Union Aviation Safety Agency (EASA) to begin Type Certificate validation for its eVTOL. Separately, Brazil's National Civil Aviation Agency (ANAC) has opened a public consultation on updated airworthiness criteria for eVTOL aircraft, which could affect certification pathways.