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Stock impact report

Electric air taxi offers NYC a glimpse of the future of travel [CBS News]

Vertical Aerospace Ltd. (EVTL) 
Company Research Source: CBS News
The aircraft will take travelers from Manhattan to John F. Kennedy International Airport in seven minutes, according to Vertical Aerospace. "That's the best thing I've ever heard," Manhattan resident Alexandra Ellerstein said. "I have had some treks to JFK." Some Bronx High School of Science students saw up close what the future looks like. The air taxi has four seats, an intercom to the pilot, and a display screen showing the aircraft's speed, height and distance from destination. According to Vertical Aerospace, the air taxi takes off vertically and can fly 100 miles, and since it's electric, it's virtually silent. So how much will it cost? Vertical Aerospace said it will cost you about $300 to get to JFK. "The market's for everyone. We're aiming to build this as-cost effective as possible," said Eddie Moulton, senior systems tech for Vertical Aerospace. The air taxi won't be available to the public until 2028, but it's already inspiring curiosity and showing what's pos Show less Read more
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