March 4, 2024

Vertical Aerospace Ltd. (NASDAQ: EVTL) Up Over 22% and Climbing On News of Pre-Delivery Payment Commitment from American Airlines

[mstock id=”73007″ asset=”evtl”]

Vertical Aerospace Secures Pre-Delivery Payment Commitment From American Airlines

  • Vertical Aerospace has secured a pre-delivery payment commitment from a major customer; American Airlines confirms delivery slots for 50 VX4 eVTOL aircraft
  • American placed a conditional pre-order of up to 250 VX4s with an additional 100 options in June 2021
  • Together, Vertical and American will build upon their existing joint working group to collaborate on a framework for exploration of the future of advanced air mobility and potential markets for eVTOL operations in the United States
  • The piloted VX4 electric aircraft will fly four passengers with zero operating emissions, minimal noise and at distances of over 100 miles

https://www.businesswire.com/news/home/20220715005065/en/Vertical-Aerospace-Secures-Pre-Delivery-Payment-Commitment-From-American-Airlines

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.