Blank-check company Broadstone Acquisition has cited the deep aerospace industry experience of the team backing Vertical Aerospace as a key reason behind its decision to take the UK electric air-taxi startup public with backing from industry partners and airline customers.
As another electric air-taxi startup announces plans to go public, Embraer has confirmed that its Eve Urban Air Mobility spinoff is in talks with a blank-check company.
Between receiving EASA certification for the aircraft and its electric propulsion unit in June 2020 and the end of last year, Pipistrel delivered 39 Velis Electros.
California startup Archer Aviation says it is on track to certify a four-passenger electric vertical takeoff and landing vehicle for aerial ridesharing services in late 2024, and will finalize design of a production version using lessons learned from development of the Maker, a two-seat prototype unveiled in Los Angeles on June 10.
With investments from American Airlines, Avolon, Honeywell and Rolls-Royce, plus commitments for up to 1,000 aircraft, electric air-taxi developer Vertical Aerospace has reached agreement with blank-check company Broadstone Acquisition to go public in a deal that values the UK startup at $2.2 billion.
The FAA will assemble an aviation rulemaking committee to provide the agency with recommendations for allowing routine flights of drones beyond an operator’s visual line of sight, Administrator Steve Dickson said June 9.
Saudi Arabian Airlines (Saudia) has joined hands with the Ministry of Culture to celebrate the ‘Year of Arabic Calligraphy,’ by adorning two of its Boeing 787 Dreamliner aircraft with a special livery marking the initiative.
A team from Lufthansa Consulting is to travel to Khartoum in Sudan to have talks with the Sudanese government about the restructuring of state-owned Sudan Airways, reports Bloomberg.
