Eve Air Mobility Announces Megha Bhatia as Chief Commercial Officer
MELBOURNE, Fla. – Sept. 17, 2024 – Eve Air Mobility ("Eve") (NYSE: EVEX; EVEXW) is pleased to announce the appointment of Megha Bhatia as its new Chief Commercial Officer (CCO). Based in Melbourne, Bhatia will oversee Eve's global sales, market intelligence, and government relations divisions. Bhatia joins Eve from Jet Support Services, Inc. (JSSI), where she served as Chief Strategy Officer. Her tenure at JSSI was marked by strategic initiatives that drove sales and enabled cross-selling and data integration across business units.
Prior to JSSI, Bhatia held a series of leadership roles at Rolls-Royce over a span of more than a decade, holding various leadership positions, culminating in her role as Vice President Sales & Marketing for Business Aviation. Bhatia made significant contributions such as transforming the team performance to achieve record sales and increase the technical and commercial client experiences through process improvements and cross-functional collaboration.
"Megha's extensive experience and strategic leadership are going to be instrumental as Eve prepares for LOI conversion into firm orders", said Johann Bordais, CEO of Eve Air Mobility. "Her ability to drive growth, manage large P&Ls, and lead high-performing teams, combined with her deep understanding of the aviation industry, make her an invaluable addition to our executive team. As we continue to advance the Advanced Air Mobility (AAM) ecosystem, Megha's expertise will play a crucial role reaching our goals with team initiatives and driving sustainable growth."
"I am thrilled to join Eve Air Mobility, a pioneering company at the forefront of Advanced Air Mobility, dedicated to transforming how people travel. As an industry leader, EVE is crafting a comprehensive ecosystem of cutting-edge products and solutions, where state-of-the-art eVTOLs are seamlessly integrated with safe operations and optimized agnostic systems, including modern air traffic management. I am proud to become a part of the talented team at EVE, working collaboratively to advance EVE's holistic strategy that supports our extensive global customer base that fosters enduring growth."
Eve boasts the industry's largest backlog with letters of intent for 2,900 eVTOL aircraft, representing a potential $14.5 billion in revenue across 30 customers in 13 countries. Beyond aircraft, the company secured agreements with 14 service and operations customers in 9 countries and pre-deals for its urban air traffic management solution, Vector, with 17 customers across nine countries.
Eve's ongoing expansion of its diverse portfolio of agnostic services and operational solutions has recently culminated in a significant milestone. The company successfully assembled its first full-scale eVTOL prototype at the Embraer test facility in Gavião Peixoto, Sao Paulo State, and completed the selection process for primary suppliers for its eVTOL aircraft.
The company is presently advancing into the next stage of development, which involves a series of comprehensive testing campaigns designed to evaluate every aspect of the aircraft's operation and performance, from flight capabilities to safety features.
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About Eve Air Mobility
Eve Air Mobility is dedicated to accelerating the Urban Air Mobility ecosystem. Benefitting from a start-up mindset, backed by Embraer S.A.’s 55-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, comprehensive global services and support network and a unique air traffic management solution. Since May 10, 2022, Eve is listed on the New York Stock Exchange where its shares of common stock and public warrants trade under the tickers “EVEX” and “EVEXW”. For more information, please visit www.eveairmobility.com.
Forward-Looking Statement Disclosure
Certain statements contained in this release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by words such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” “estimate,” “plan,” “project,” “could,” “should,” “would,” “continue,” “seek,” “target,” “guidance,” “outlook,” “if current trends continue,” “optimistic,” “forecast” and other similar words or expressions. All statements, other than statements of historical facts, are forward-looking statements, including, but not limited to, statements about the company’s plans, objectives, expectations, outlooks, projections, intentions, estimates, and other statements of future events or conditions, including with respect to all companies or entities named within. These forward-looking statements are based on the company’s current objectives, beliefs and expectations, and they are subject to significant risks and uncertainties that may cause actual results and financial position and timing of certain events to differ materially from the information in the forward-looking statements. These risks and uncertainties include, but are not limited to, those set forth herein as well as in Part I, Item 1A. Risk Factors and Part II, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations of the company’s most recent Annual Report on Form 10-K, Part I, Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations and Part II, Item 1A. Risk Factors of the company’s most recent Quarterly Report on Form 10-Q, and other risks and uncertainties listed from time to time in the company’s other filings with the Securities and Exchange Commission. Additionally, there may be other factors of which the company is not currently aware that may affect matters discussed in the forward-looking statements and may also cause actual results to differ materially from those discussed. The company does not assume any obligation to publicly update or supplement any forward-looking statement to reflect actual results, changes in assumptions or changes in other factors affecting these forward-looking statements. other than as required by law. Any forward-looking statements speak only as of the date hereof or as of the dates indicated in the statement.
Released September 17, 2024