Eve Holding rises after signing LOI to sell up to 50 air taxis in Costa Rica

Eve Holding

30/06/2025 16:13

** 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

 (Reporting by Anshuman Tripathy)

 ((Anshuman.Tripathy@thomsonreuters.com))