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American Airlines-backed electric air taxi company aims to change how people travel

Summary by Fox Business
Vertical Aerospace, a British company backed by Honeywell, Rolls-Royce and American Airlines, is rapidly gaining ground in bringing its electric vertical take-off and landing aircraft to market. The company, which has been pioneering zero-emissions aviation since 2016, aims to become readily available for consumers in the next three years.Vertical Aerospace CEO Stuart Simpson, who succeeded the company's founder Stephen Fitzpatrick in May 2024, …

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Fox Business broke the news in United States on Wednesday, July 2, 2025.
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