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Kenn Ricci’s private aviation SPAC Zanite Acquisition Corp. has completed its merger with Embraer-backed Eve, a manufacturer of eVTOLs.
Blade Air Mobility, Inc. (NASDAQ: BLDE) and Eve Urban Air Mobility Solutions, Inc., a subsidiary of Embraer S.A. (“Embraer,” NYSE: ERJ), announced an arrangement for Eve to provide Blade up to 60,000 hours of flight time per year on its eVTOLs beginning in 2026 for use in Southern Florida and West Coast markets.
Flexjet clients in Europe will be landing in style at this year’s Royal Ascot, which goes through the weekend. The official sponsor has emblazoned its logo on the helipad.
One day after Bloomberg reported that Vista Global Holding is seeking to go public via a SPAC, the website says the principal behind another leading private aviation provider plans a similar move. According to undisclosed sources, Brazil’s Embraer SA is in talks with special purpose acquisition company Zanite Acquisition Corp to merge its Eve Urban Air Mobility unit. This month, OneSky Flight, which includes Flexjet, Sentient, PrivateFly, and FXAIR, ordered 200 eVTOLs from Eve for its newly launched Halo brand. Kenn Ricci heads both OneSky and Zanite.