Revo Announces $250M Investment to Purchase 50 Eve eVTOLs

The agreement is the first of its kind executed with Eve globally.

A computer-generated image shows a Revo eVTOL flying over São Paulo.
A computer-generated image shows a Revo eVTOL flying over São Paulo.
Revo

Revo, an urban air mobility company, has signed a binding agreement with Eve Air Mobility for the purchase of up to 50 electric vertical takeoff and landing aircraft (eVTOLs). This marks the first agreement of its kind signed with Eve anywhere in the world. Valued at $250 million, the contract with Embraer's subsidiary was formalized during the 2025 Paris Air Show. Revo, which is part of the multinational Omni Helicopters International (OHI), will be the first operator of Eve's eVTOLs in São Paulo.

João Welsh, CEO of Revo, said, "Two years ago, Revo pioneered helicopter flights with first-class service and bookings made in minutes — whether for individual seats, multiple passengers, or full aircraft capacity — something unprecedented in this market. Now, we are beginning a new chapter. And the opportunity ahead of us is enormous, as major cities around the world — like São Paulo here in Brazil — are in desperate need of mobility solutions." São Paulo is currently home to the world's largest helicopter fleet, with over 410 registered aircraft and 260 helipads, operating 2,200 takeoffs and landings daily.

Since its launch nearly two years ago, Revo has been developing the advanced urban air mobility (UAM) ecosystem to serve as a foundation for passenger transport using eVTOLs, including simulations of urban air traffic management in São Paulo with Eve's Vector software. The agreement between the companies includes access to Eve TechCare, an operational support package designed to optimize eVTOL operations and maximize fleet performance.

Revo currently operates a door-to-door mobility solution, integrating car services and luggage handling with scheduled helicopter flights connecting strategic locations in São Paulo and its surroundings, including nearby countryside and coastal destinations. Among its daily routes is the connection between Avenida Brigadeiro Faria Lima — São Paulo's main financial center — and Guarulhos International Airport, a journey that typically takes between 1.5 to 3 hours by car but can be completed in just 10 minutes by air.

With Eve's eVTOLs, these operations will become fully electric and sustainable, supporting the company's and the city's goals for greener transportation. The first aircraft delivery is scheduled for late 2027.

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