American Airlines and Virgin Atlantic order electric air taxis from UK startup [CNN]
Broadstone Acquisition Corp. Class A Ordinary Shares (BSN)
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Source: CNN
American Airlines and Virgin Atlantic order electric air taxis from UK startup The startup revealed on Thursday that it has pre-orders for up to 1,000 of its zero-emissions VA-X4 vertical takeoff aircraft, worth as much as $4 billion, as it announced plans to go public in New York via a merger with blank check firm Broadstone Acquisition Corp. The VA-X4 will travel at speeds over 200 miles per hour and be "near silent" when in flight, according to the company. The aircraft has a range of over 100 miles. American Airlines ( AAL ) has agreed to pre-order up to 250 aircraft, with an option for an additional 100. Dublin-based aircraft leasing company Avolon has pre-orders and options for 500 aircraft, while Virgin Atlantic has a pre-order option for up to 150. Pre-orders are subject to certain conditions and milestones being met, including certification by aviation safety regulators. "This is the most exciting time in aviation for almost a century," Vertical Aerospace CEO and co-found
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