A startup team with experience in vertical-takeoff-and-landing (VTOL) design and air-taxi operations believes it can develop both an aircraft and an airline that will enable scheduled intercity service over short but busy routes such as New York-Boston and Los Angeles-San Francisco. Boston-based Transcend Air is led by CEO Gregory Bruell, who was co-founder of VTOL developer Elytron Aircraft, and Chief Operating Officer (COO) Peter Schmidt, former president and COO of air-taxi operator ...

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