Vertical Aerospace receives pre-orders for airplane taxis from American Airlines and Virgin Atlantic

British electric aircraft manufacturer Vertical Aerospace is backed by American Airlines, Virgin Atlantic Airlines and Microsoft to enable air travel in the city.

The startup announced on Thursday that it plans to open in New York in a merger with Blankcheck, revealing pre-orders for up to 1,000 zero-emission VA-X4 vertical takeoffs ($ 4 billion worth). The company’s Broadstone Acquisition Corporation.

According to the company, the VA-X4 travels at speeds in excess of 200 mph and is “almost silent” during flight. Prototypes of aircraft with a range of over 100 miles are currently in production, with the first flight scheduled for later this year.

American Airlines has agreed to pre-order up to 250 aircraft, with an additional 100 options. Dublin-based aircraft leasing company Abolon has 500 pre-orders and options, while Virgin Atlantic has up to 250 pre-order options. 150. Pre-orders are subject to certain conditions and milestones, including certification by aircraft safety regulators.

“This is the most exciting time in the aviation industry for almost a century,” said Stephen Fitzpatrick, CEO and co-founder of Vertical Aerospace, in a statement. “Electrification will change the flight of the 21st century, just as jet engines did 70 years ago,” he added.

Fitzpatrick has founded the Ovo Group, which owns the second largest energy retailer in the UK. His mission at Vertical Aerospace is to make air travel “personal, on-demand, carbon-free,” and the startup counts former executives from Rolls-Royce, Jaguar Land Rover, and the UK Ministry of Defense on its engineering team. I am.

Microsoft’s venture capital subsidiary and Rocket Internet are also investing in this business.

Vertical Aerospace hopes, among other things, in partnership with Rolls-Royce and Honeywell, to quickly secure the same level of certification as the European Union Aviation Safety Agency’s (EASA) large commercial airliners, enabling large-scale production. I will. Commercial operation is scheduled to begin in 2024.

Airlines and airplane manufacturers are facing increasing pressure to tackle carbon dioxide emissions. The pandemic is expected to accelerate the transition to renewable energy as it puts aviation into the worst slump in history and the government takes advantage of opportunities to facilitate green restoration.

Derek Carr, Chief Financial Officer of American Airlines, said:

The world’s largest airline plans to work with Vertical in passenger operations and infrastructure development in the United States.

In the UK, Virgin Atlantic is exploring a regional network connecting British cities with airports such as London Heathrow, Gatwick and Manchester.

Virgin Atlantic said in a statement, “Within 100 miles from London Heathrow Airport, there are 37 towns and cities with a population of over 100,000, supporting zero-emission short-haul transportation to 7.7 million non-London customers. It offers great potential. “

Vertical will be listed on the New York Stock Exchange after a merger with Broadstone Acquisition Corporation, a special purpose acquisition company (SPAC). The deal, with a vertical value of $ 2.2 billion, is expected to close later this year.

Correction: Earlier versions of this story mistakenly stated that Virgin Atlantic plans to conduct a test flight later this year. The test is performed by Vertical Aerospace.

Vertical Aerospace receives pre-orders for airplane taxis from American Airlines and Virgin Atlantic

Source link Vertical Aerospace receives pre-orders for airplane taxis from American Airlines and Virgin Atlantic

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