Eve Holding rises after signing LOI to sell up to 50 air taxis in Costa Rica
ReutersJun 30, 2025 3:13 PM
Shares of air taxi maker Eve Holding EVEX.N up 8.45% at$7.26 in morning trade
Co says it has signed letter of intent (LOI) with aerospace service providers Aerosolutions and Bluenest for sale of up to 50 electric vertical take-off and landing (eVTOL) aircraft for use in Costa Rica
"We're eager to see our eVTOL transform travel in regions like Guanacaste, easing congestion and bolstering the nation's leadership in ecotourism" - EVEX CEO Johann Bordais
Earlier this month, EVEX signed LOI with Future Flight Global for up to 54 eVTOLs
6 of 8 brokerages rate the stock "buy" or higher and 2 "hold"; their median PT is $7 - data compiled by LSEG
As of last close, stock down 26.2% YTD
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