Deliveries are expected to have started by the end of 2023 following first flight, while Aeroter hopes to achieve EASA certification for the type in 2024.
The new unit is independent from the OEM, which was deemed necessary to give Airbus Urban Mobility the nimbleness to react in the dynamic advanced air mobility market.
The Brazilian OEM issued its 20-year commercial market outlook Nov. 15 at the Dubai Airshow, saying those new aircraft sales could be worth $650 billion.
“We are confident that this is the right moment to invest as regional aviation is on an optimistic, post-pandemic recovery,” Overland president and CEO Edward Boyo said.
The company is seeing countries increasingly look to its business-jet platforms capable of special missions which can operate with lower costs than converted airliners or military aircraft.
By Thierry Dubois, Jens Flottau, Guy Norris, Karen Walker
As the Dubai Airshow is seeing a resuscitation of giant orders, our commercial aviation experts are discussing the development of new freighters and regional aircraft upgrades against a backdrop of ramping-up production.