Eve Holding Lands 50-Aircraft Order with AirX, Secures $15M EXIM Loan
Eve Holding inked a binding order to supply up to 50 eVTOL aircraft to AirX for deployment in Tokyo and Osaka, with initial deliveries slated for 2029. The company also secured up to $15 million in EXIM-backed loans to fund battery procurement and engineering from BAE Systems, de-risking its development program.
1. Binding Order with AirX
On February 3, 2026, Eve signed a binding agreement with Tokyo-based AirX to deliver up to 50 eVTOL aircraft, marking its first Asia-Pacific deal. Initial deliveries are scheduled for 2029 to support urban air mobility operations in Tokyo and Osaka.
2. EXIM-Backed Financing
On January 15, Eve secured up to $15 million in guaranteed loans from the Export-Import Bank and Private Export Funding Corporation. Funds will finance battery systems and engineering services from BAE Systems, de-risking the eVTOL development and testing phases.
3. Market Impact and Strategy
The AirX partnership expands Eve’s global footprint and underscores growing demand for zero-emission air travel, while the financing deal enhances balance sheet flexibility. These developments reinforce Eve’s position in the urban air mobility sector and could drive investor confidence.