eVTOL Insights
• Thomas Sleightholm
Revolv Space, an Italy- and Netherlands-based aerospace power systems developer, raised €5 million in a Series A led by Deep Ocean Capital to expand R&D and production. Separately, Avio reported nine-month revenue up 17%, with missile propulsion at 33% of backlog, and is advancing its U.S. expansion.
Embraer
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KLM plans to prioritize Embraer E2 aircraft over Airbus A320s in its fleet strategy, while phasing out Boeing 737s and Embraer E190s. The report signals a reshaping of the airline’s aircraft mix, though the available information does not specify timing, fleet numbers or the reasons behind the choices.
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Revolv Space, an Italy- and Netherlands-based aerospace power systems developer, raised €5 million in a Series A led by Deep Ocean Capital to expand R&D and production. Separately, Avio reported nine-month revenue up 17%, with missile propulsion at 33% of backlog, and is advancing its U.S. expansion.
The Czech manufacturer said Serbia has not yet signed a contract for six L-39NG Skyfox advanced trainers, days after Prime Minister Andrej Babiš said the aircraft had been sold. A German report said the jets would support training for future Serbian Rafale pilots; no delivery date has been given.
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Strong results across Embraer’s four business divisions lifted third-quarter 2026 revenue to a record $2.3 billion, 17% above a year earlier. The Brazilian manufacturer also reported a record backlog of $35.7 billion, raised its full-year financial guidance and is expanding jet production.
Embraer raised its 2026 revenue forecast to $8.4 billion-$8.6 billion from $8.2 billion-$8.5 billion after third-quarter revenue grew 17%. Executives said the company does not expect to announce a new aircraft in 2027, prioritizing progress at Eve rather than pursuing multiple major investment programs at once.
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Embraer’s India ambitions span a possible E175 deal with an Indian airline and a proposed role for India in manufacturing and exporting C-390 Millennium transports across Asia. The C-390 strategy is tied to a potential Indian Air Force requirement for 60 aircraft and a cited regional market of 500 jets; the commercial push faces a test of airline economics.
Jet Aviation, the Switzerland-based business aviation services provider, is set to resume operations involving Embraer aircraft. The available report does not specify the scope, timing or aircraft types involved.
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