MELBOURNE, Florida,
March 16, 2022 /PRNewswire/
-- Eve UAM, LLC ("Eve"), an Embraer S.A. (B3: EMBR3, NYSE:
ERJ) ("Embraer") company, and Global Crossing Airlines Group,
Inc. (JET: NEO; JET.B: NEO JETMF: OTCQB) ("GlobalX") have
signed a Letter of Intent (LoI) to order up to 200 of Eve's
electric vertical take-off and landing aircraft (eVTOL). This
potential sale is included in Eve's current order backlog of up to
1,785 eVTOLs. The company expects to start the deliveries in
2026.
The agreement also enables a promising partnership that intends
to explore the development of an ecosystem to scale Urban Air
Mobility (UAM) and reinforces the Concept of Operations (CONOPS) in
Miami-Dade that was announced
today. GlobalX's expertise as a flag airline will contribute not
only to the formulation of the infrastructure needed to permit
eVTOL flights, but also the deployment of Eve's aircraft throughout
their network.
"We are honored to be working with Eve Air Mobility and believe
their affiliation with Embraer ensures Eve will be the best
positioned eVTOL OEM. These eVTOLs will enable us to expand our
market throughout south Florida,
bringing our customers to their flights at MIA and FLL, as well as
local flying within Key West and
all of the Keys, Naples, and
Palm Beach. This will help extend
and expand our brand," said Ed
Wegel, Chair and CEO of GlobalX.
"We are delighted with this partnership with GlobalX, which will
maximize our efforts to structure UAM operations. Their experience
as an airline will contribute to the expansion of Eve's eVTOL
deployment in North America. The
partnership also ensures both companies' commitment to delivering
sustainable UAM and providing the community with better and faster
solutions," said Andre Stein, co-CEO
of Eve.
The completion of the transactions contemplated by the LoI is
subject to the execution of definitive agreements and receipt of
all necessary regulatory approvals.
Follow Eve and Embraer on Twitter: @EveAirMobility @Embraer
About Global Crossing Airlines
GlobalX is a US 121 domestic flag and supplemental airline
flying the Airbus A320 family aircraft. GlobalX flies as a
passenger ACMI and charter airline serving the US, Caribbean, and Latin American markets. In
2022, GlobalX will enter ACMI cargo service flying the A321
freighter, subject to DOT and FAA approvals. For more information
please visit www.globalxair.com.
About Eve Air Mobility
Eve is dedicated to accelerating the Urban Air Mobility (UAM)
ecosystem. Benefitting from a startup mindset, backed by Embraer's
more than 50-year history of aerospace expertise, and with a
singular focus, Eve is taking a holistic approach to progressing
the UAM ecosystem, with an advanced eVTOL project, a comprehensive
global services and support network and a unique air traffic
management solution. For more information, please visit
www.eveairmobility.com.
About Embraer
A global aerospace company headquartered in Brazil, Embraer has businesses in Commercial
and Executive aviation, Defense & Security and Agricultural
Aviation. The company designs, develops, manufactures and markets
aircraft and systems, providing Services & Support to customers
after-sales.
Since it was founded in 1969, Embraer has delivered more than
8,000 aircraft. On average, about every 10 seconds an aircraft
manufactured by Embraer takes off somewhere in the world,
transporting over 145 million passengers a year.
Embraer is the leading manufacturer of commercial jets up to 150
seats and the main exporter of high value-added goods in
Brazil. The company maintains
industrial units, offices, service and parts distribution centers,
among other activities, across the Americas, Africa, Asia
and Europe.
Important Information and Where to Find it
In connection with the proposed business combination among
Zanite Acquisition Corp. (NASDAQ: ZNTE) ("Zanite"), Embraer, Eve
and Embraer Aircraft Holding, Inc. ("EAH"), Zanite has filed with
the Securities and Exchange Commission ("SEC") a preliminary proxy
statement (as amended by Amendment No. 1 to the preliminary proxy
statement, filed on February 9, 2022)
relating to the business combination. When available, Zanite will
mail a definitive proxy statement and other relevant documents to
its stockholders. This press release does not contain all the
information that should be considered concerning the proposed
business combination and is not intended to form the basis of any
investment decision or any other decision in respect of the
business combination. Zanite's stockholders and other interested
persons are advised to read the preliminary proxy statement and the
amendments thereto and the definitive proxy statement, when
available, and documents incorporated by reference therein filed in
connection with Zanite's solicitation of proxies for its special
meeting of stockholders to be held to approve the business
combination and other matters, as these materials contain or will
contain important information about Zanite, Eve and the business
combination. When available, the definitive proxy statement and
other relevant materials for the business combination will be
mailed to stockholders of Zanite as of a record date to be
established for voting on the business combination. Stockholders of
Zanite may obtain copies of the preliminary proxy statement, the
definitive proxy statement (when available) and other documents
that have been or will be filed with the SEC or that are
incorporated by reference therein, without charge, once available,
at the SEC's website at www.sec.gov, or by directing a request to
Zanite Acquisition Corp. at 25101 Chagrin Boulevard Suite 350,
Cleveland, Ohio 44122, Attention:
Steven H. Rosen, or by calling (216)
292-0200.
Forward-Looking Statements Disclosure
This press release contains "forward-looking statements."
Forward-looking statements represent Eve's, Embraer's and GlobalX's
current expectations or forecasts of future events. Forward-looking
statements generally can be identified by the use of
forward-looking terminology such as "may," "will," "expect,"
"intend," "estimate," "anticipate," "believe," "project," or
"continue," or other similar words. These statements are made under
the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995, including statements regarding the potential
order of up to 200 eVTOLs, the ability of Eve to deliver eVTOL
aircraft in 2026, as well as any other statement that does not
directly relate to any historical or current fact. Forward-looking
statements are based on current assumptions about future events
that may not prove to be accurate. These statements are not
guaranteed and are subject to risks, uncertainties, and changes in
circumstances that are difficult to predict. Many factors could
cause actual results to differ materially from these
forward-looking statements. As a result, these statements speak
only as of the date they are made, and neither party undertakes an
obligation to update or revise any forward-looking statement,
except as required by law. Specific factors that could cause actual
results to differ materially from these forward-looking statements
include the effect of global economic conditions, the ability
of the parties to negotiate and enter into a definitive agreement
and realize anticipated synergies, the ability of Eve to obtain the
required certifications to manufacture and sell its eVTOL aircraft,
and other important factors previously disclosed in the section
entitled "Risk Factors" in Zanite's Annual Report on Form 10-K for
the fiscal year ended December 31,
2021 and other documents of Zanite filed, or to be filed,
with the SEC, all of which are accessible on the SEC's website at
www.sec.gov.
No Offer or Solicitation
This press release is for informational purposes only and does
not constitute an offer to sell or the solicitation of an offer to
buy any securities, or a solicitation of any vote or approval, nor
shall there be any sale of securities in any jurisdiction in which
such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
jurisdiction. No offering of securities shall be made except by
means of a prospectus meeting the requirements of Section 10 of the
Securities Act, or an applicable exemption from the registration
requirements thereof.
Participants in the Solicitation
Zanite and its directors and executive officers may be deemed
participants in the solicitation of proxies from Zanite's
stockholders with respect to the proposed business combination. A
list of the names of those directors and executive officers and a
description of their interests in Zanite is contained in Zanite's
Registration Statement on Form S-1/A and by Zanite's Current Report
on Form 8-K filed on September 15,
2021, each of which was filed with the SEC and is available
free of charge at the SEC's web site at www.sec.gov, or by
directing a request to Zanite Acquisition Corp. at 25101 Chagrin
Boulevard Suite 350, Cleveland,
Ohio 44122, Attention: Steven H.
Rosen, or by calling (216) 292-0200.
Eve, Embraer, EAH and their respective directors and executive
officers may also be deemed to be participants in the solicitation
of proxies from the stockholders of Zanite in connection with the
proposed business combination.
Additional information regarding the persons who may, under SEC
rules, be deemed participants in the solicitation of Zanite's
stockholders in connection with the proposed business combination,
including a description of their direct and indirect interests, by
security holdings or otherwise, which may be different than those
of Zanite stockholders generally, may be obtained by reading
Zanite's preliminary proxy statement for the proposed business
combination and, when it is filed with the SEC, the definitive
proxy statement and any other relevant documents that are filed or
will be filed with the SEC relating to the proposed business
combination. Stockholders, potential investors and other interested
persons should read the preliminary proxy statement carefully and,
when it becomes available, the definitive proxy statement and any
other relevant documents that are filed or will be filed with the
SEC relating to the proposed business combination before making any
voting or investment decisions. These documents can be obtained
free of charge from the sources indicated above.
Contact: investors@eveairmobility.com;
media@eveairmobility.com
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content:https://www.prnewswire.com/news-releases/eve-and-global-crossing-airlines-sign-letter-of-intent-for-up-to-200-evtol-aircraft-and-enable-future-collaboration-for-uam-301504087.html
SOURCE Embraer S.A.; Eve UAM, LLC
