Eve Air Mobility announced a framework agreement with Bahrain’s Ministry of Transportation and Telecommunications to advance eVTOL air mobility in the Middle East. The agreement was signed on Monday, November 3, 2025, during the Gateway Gulf Investment Forum in Bahrain.
Under the agreement, Bahrain will create a regulatory sandbox, develop vertiport infrastructure, and provide workforce training to support eVTOL operations. Eve will begin commercial operations in 2028, with international routes planned for 2029. The company is evaluating premium shuttle and tourist routes to Dubai, Abu Dhabi, Riyadh, Jeddah, Doha, Istanbul, and Manama.
The deal expands Eve’s geographic footprint into a high‑growth market and opens potential revenue streams from government contracts and commercial operations. It also positions Eve as a key player in the Middle East’s emerging UAM ecosystem, complementing its partnership with Embraer and strengthening its holistic urban air mobility strategy.
Eve Air Mobility is a pre‑revenue company that reported a net loss of $46.9 million in the third quarter of 2025, driven by research and development expenses. The company holds approximately $411.7 million in cash and $534.3 million in total liquidity, giving it a runway of more than two years based on 2025 guidance. The Bahrain agreement is part of Eve’s broader global expansion strategy, which includes interest from cities such as Dubai, Abu Dhabi, Doha, Jeddah, and Istanbul.
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