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Eve Air Mobility and Yugo sign memorandum of understanding

Eve Air Mobility and Yugo Global Industries Pte. Ltd. have announced that the two companies have signed a memorandum of understanding (MoU) to study the potential for Urban Air Mobility (UAM) and eVTOL flights in Southeast Asia.

Yugo is a private aviation network established by aviation experts, with a global presence and a focus on Southeast Asia.

In its mission to support regional Air Mobility innovation, Yugo benefits from the support of partner Air Transport operators such as PhilJets and Helistar, two of the region’s solid key players.

Together, Eve and Yugo will specifically focus on the potential infrastructure requirements to support eVTOL operations including regulations.

The companies will also analyse service center and vertiport size and capabilities, ground handling and other areas as needed.

Johann Bordais, CEO of Eve Air Mobility said: “We are looking forward to collaboratively working with Yugo to study and help define the UAM ecosystem in Singapore and Southeast Asia.

“Our goal is to also understand and define a business model that not only enables eVTOL flights in the region, but also advances the overall mobility ecosystem.”

Thierry Tea, Chairman of Yugo said: “We strongly believe that Southeast Asian economies will greatly contribute to the development of the eVTOL and UAM industry.

“Our collaboration with Eve will offer valuable insights into the essential requirements for regional air mobility development.”

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