FORT WORTH, Texas (CBSDFW.COM/AP) – American Airlines announced it will invest in $25 million in U.K.-based Vertical Aerospace including preordering up to 250 electric vertical takeoff and landing (eVTOL) aircraft — totaling around $1 Billion.
Vertical Aerospace is developing the VA-X4 electric aircraft that can carry four passengers and a pilot and fly at speeds up to two hundred miles per hour with with a range of over one hundred miles.
The company said in a release on Thursday, June 10 they could potentially transport people quickly around urban city centers and to airports with the craft.
Vertical plans to conduct its first test flight later this year with certification as early as 2024.
READ MORE: Border Patrol…