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Eviation makes a deal to sell 75 electric airplanes

A Seattle-area venture called Eviation has struck a deal with Massachusetts-based Cape Air for the purchase of 75 Eviation Alice all-electric planes.

The letter of intent follows up on a claim that was made back in 2019 by Eviation’s then-CEO, Omer Bar-Yohay, who said Cape Air would be his company’s first customer. At the time, Bar-Yohay said the list price for the Alice commuter aircraft would be $4 million per plane — but Eviation said it’s not releasing financial details about the Cape Air deal.

Bar-Yohay left Eviation in February, citing “a longstanding disagreement” with the company’s main shareholder, Singapore-based Clermont Group. Longtime aerospace executive Gregory Davis took over as interim CEO for the privately held company, which is headquartered in Arlington, Wash.

Eviation has begun ground tests of an Alice prototype, and those tests haven’t always gone perfectly — which is to be expected with a totally new type of aircraft. In February, Eviation said Alice’s first flight test would take place “in the upcoming weeks,” but the company now says it plans to reach that milestone this summer.