Vertical Aerospace, a global aerospace and technology company, signed a term sheet among the company, its majority shareholder and founder Stephen Fitzpatrick and its primary creditor Mudrick Capital Management. read more
NOV 27, 2024 - 5:53 am
Aircraft lessor Avolon has exceeded its 500-unit preorder of Vertical Aerospace’s VX4 electric aircraft within nine months. Avolon preordered the aircraft in June 2021 and has already placed all of the units as well as an additional 50 aircraft options. read more
MAR 29, 2022 - 6:37 am
AirAsia Aviation Group signed a non-binding memorandum of understanding to lease a minimum of 100 VX4 eVTOL aircraft from Avolon, an international aircraft leasing company. read more
FEB 16, 2022 - 6:45 am
Vertical Aerospace, an aerospace and technology company focused on zero emissions aviation, appointed Dómhnal Slattery non-executive chairman of its board of directors. Slattery is currently the founding CEO of Avolon, an aircraft leasing company. read more
JAN 27, 2022 - 6:20 am
Avolon entered a partnership with Gol, a Brazilian airline, and Grupo Comporte, a Brazilian transport operator, to commercialize an eVTOL ride sharing platform in Brazil. As part of the agreement, Gol and Grupo Comporte committed to purchase or lease up to 250 VA-X4 eVTOL aircraft. read more
SEP 24, 2021 - 6:48 am
Avolon, an international aircraft leasing company, and Vertical Aerospace, an electric vertical take-off and landing (eVTOL) company, entered an agreement for a $2 billion order for up to 500 eVTOL aircraft. read more
JUN 11, 2021 - 6:26 am