EVE AIR MOBILITY

EVE AIR MOBILITY posted $68.8m net loss in 1Q26 vs $48.8m loss in 1Q25, citing higher R&D expenses; its total cash consumption in 1Q26 was $68.6m vs $25.4m in 1Q25 and it ended quarter with $441.4m in cash/investments.

Stephen Costley

Steve Costley is responsible for the overall production SpeedNews. Steve has over 30 years of experience with SpeedNews, now part of the Aviation Week Network. He joined the company in August 1989 as an Associate Editor and was named Managing Editor in 1994. He was also named Vice President and Chief Operating Officer of SpeedNews, Inc., in the late 1990s, and held those titles until Prism Business Media acquired the company from Gil Speed in 2006.

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