Vertical Aerospace Opens U.K. Air Taxi Assembly Center
Facility will initially produce certification-conforming aircraft and up to 25 production Valos annually.
Facility will initially produce certification-conforming aircraft and up to 25 production Valos annually.
President tells Canadian aircraft manufacturer it can’t sell aircraft in U.S. without relocating more of its production.
Company aims to certify and deliver its Phantom 3500 around 2030 and make about 1,600 jets over the following decade.
Company prepares to ramp up production of the widebody aircraft.
New method allows for production of large structural components.
Developer agrees to obtain a new 700,000-square-foot site and receives the first of two flight simulators from CAE.
Airbus takes over several spun-off sites.
FTC condition means some businesses will be transferred to Airbus.
Manufacturer takes $4.9 billion hit over the holdup.
Aircraft represents the first of its kind in the country.