Are air taxi services due for a “timeline correction?”
That’s the outlook for Bristol, U.K.-based electric vertical takeoff and landing (eVTOL) aircraft manufacturer Vertical Aerospace, which at the beginning of May told shareholders that it’s pushing back certification of its VX4 air taxi with Britain’s Civil Aviation Authority (CAA) from 2025 to 2026. It’s the second time the firm has delayed certification since April 2022, when it changed its target from 2024 to 2025.
