Gol

Vertical Aerospace Further Bolsters World-class Leadership Team With Appointment of David King as Chief Engineer

Retrieved on: 
Tuesday, December 6, 2022
Technology, Aerospace, Other Technology, Manufacturing, Software, Other Manufacturing, Aircraft, Travel, JAL, Certification, DGAC, Transport Canada, Accident, Leonardo, Atmosphere, Gol, Bell Aircraft, Air Greenland, Partnership, Noise, AW609, Bell 525 Relentless, Annual report, NYSE, COVID-19, Bell, Growth, Aviation, Failure, Engineering, CAA, Vertical Aerospace, ENAC, FAA, Airline, American Airlines, AirAsia, Vertical, Japan Airlines

Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero-emissions aviation, today announces it has further strengthened its executive leadership team with the appointment of David King as Chief Engineer.

Key Points: 
  • Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero-emissions aviation, today announces it has further strengthened its executive leadership team with the appointment of David King as Chief Engineer.
  • David previously spent seven years as Chief Engineer on the AW609 VTOL aircraft developed by tier-one aerospace supplier, Leonardo, a strategic partner of Vertical.
  • The AW609 has demonstrated unmatched vertical lift capability for the commercial market which will be critical experience as David translates this expertise to the VX4.
  • David King said, From my time at Leonardo, I have already seen first-hand the pioneering work Vertical is doing.

Vertical Aerospace Becomes the First British Company in 20 Years to Lift off With a New Aircraft

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Monday, September 26, 2022
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Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero-emissions aviation, saw its VX4 eVTOL (electric vertical take-off and landing) aircraft take off from the ground for the very first time over the weekend.

Key Points: 
  • Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero-emissions aviation, saw its VX4 eVTOL (electric vertical take-off and landing) aircraft take off from the ground for the very first time over the weekend.
  • (Photo: Business Wire)
    It becomes the first British company to start flight tests with a new aircraft in over 20 years, with its full-scale, piloted prototype.
  • The moment marked a significant milestone as Vertical continues to progress successfully through its intensive flight test programme.
  • Stephen Fitzpatrick, Founder & CEO, Vertical, said This moment represents a small step for Vertical Aerospace, but it's a giant leap forward for British aviation.

SEC Charges Gol Intelligent Airlines, Brazil's Second Largest Airline, with FCPA Violations

Retrieved on: 
Thursday, September 15, 2022
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Washington D.C.--(Newsfile Corp. - September 15, 2022) - The Securities and Exchange Commission today charged Brazils second largest domestic airline, GOL Linhas Areas Inteligentes, for violating the Foreign Corrupt Practices Act (FCPA).

Key Points: 
  • Washington D.C.--(Newsfile Corp. - September 15, 2022) - The Securities and Exchange Commission today charged Brazils second largest domestic airline, GOL Linhas Areas Inteligentes, for violating the Foreign Corrupt Practices Act (FCPA).
  • The So Paulo-based company, also known as Gol Intelligent Airlines, agreed to pay $70 million to settle the SEC charges.
  • According to the SECs order, Gol bribed prominent Brazilian government officials in exchange for certain favorable payroll tax and aviation fuel tax reductions.
  • Gol consented to a cease-and-desist order finding that it violated the anti-bribery, books and records, and internal accounting controls provisions of the FCPA.

Vertical Announces Appointment of Former McLaren Automotive CEO Mike Flewitt to its Board

Retrieved on: 
Tuesday, July 19, 2022
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Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero emissions aviation, today announces the appointment of former McLaren Automotive CEO, Mike Flewitt, to the Board of Directors (the Vertical Board).

Key Points: 
  • Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero emissions aviation, today announces the appointment of former McLaren Automotive CEO, Mike Flewitt, to the Board of Directors (the Vertical Board).
  • Mike is joining the Vertical Board having stepped down from McLaren Automotive in October 2021 after eight years leading the group.
  • Mike was instrumental in driving McLaren Automotives growth to become one of the worlds leading luxury supercar brands.
  • Prior to joining McLaren, Mike spent nine years at Ford as both Vice President, Manufacturing, Ford Europe, and Corporate Officer, Ford Motor Company.

Electric Flight Moves a Step Closer as Vertical Aerospace and CAE Partner on Pilot Training

Retrieved on: 
Tuesday, July 19, 2022
Technology, Air, Other Energy, Engineering, Transport, Other Technology, Aerospace, Alternative Energy, Manufacturing, Energy, Ecosystem, Aircraft, Noise, Aviation, TSE, Solution, Civil aviation, Artificial intelligence, Safety, Time, Engineering, NYSE, Adoption, JAL, Certification, Travel, CAE, Industry, Gol, Vertical Aerospace, EASA, Partnership, Air Greenland, AAM, ESG, EVTOL, CAA, Airline, Satellite navigation device, Vertical, Japan Airlines, AirAsia, American Airlines

Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero-emissions aviation and CAE [NYSE: CAE, TSE: CAE], a market leader in flight simulation and training, today announced that CAE will be the pilot training partner for Verticals launch eVTOL aircraft, the VX4.

Key Points: 
  • Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero-emissions aviation and CAE [NYSE: CAE, TSE: CAE], a market leader in flight simulation and training, today announced that CAE will be the pilot training partner for Verticals launch eVTOL aircraft, the VX4.
  • CAE will design and develop a world-class training program and be the exclusive training device provider, tailoring the high-fidelity, next-generation flight simulation training device for the VX4 aircraft.
  • Advanced Air Mobility (AAM) is expected to drive unprecedented demand for qualified, professionally trained pilots for inner-city and regional electric flights.
  • Additionally, because CAE currently provides training products and services to many of Verticals industry-leading customer base, a smoother integration of new AAM pilot training programmes into their training portfolios is anticipated.

Vertical Aerospace and Babcock International Partner to Explore New Variants for the VX4

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Monday, July 18, 2022
Automotive, Other Manufacturing, Technology, Other Defense, Contracts, Engineering, Automotive Manufacturing, Aerospace, Manufacturing, General Automotive, Defense, Other Travel, Transportation, Travel, Other Transport, Other Energy, Air, Alternative Energy, Transport, Energy, Hardware, HEMS, SEC, Aviation, Securities Exchange Act of 1934, Aircraft, U.S. Securities and Exchange Commission, CEO, Noise, Hospital, BAB, India-China Joint Working Group on the boundary question, Time, OVO, Engineering, Private Securities Litigation Reform Act, Failure, Carbon, NYSE, Forward-looking statement, JAL, Critical care, Maintenance, Transport, Certification, Travel, EMS, Founder CEO, Accident, Industry, Gol, MRO, COVID-19, JWG, Growth, Vertical Aerospace, Annual report, Partnership, EVTOL, Air Greenland, Workforce, Injury, Emergency medical services, Airline, Vertical, Japan Airlines, AirAsia, Virgin Atlantic, American Airlines, Avolon

Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero emissions aviation, today announces a partnership with Babcock International (Babcock) [LON: BAB], the aerospace, defence and security company to explore new applications for its VX4 eVTOL aircraft.

Key Points: 
  • Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero emissions aviation, today announces a partnership with Babcock International (Babcock) [LON: BAB], the aerospace, defence and security company to explore new applications for its VX4 eVTOL aircraft.
  • With todays announcement, Vertical and Babcock will set up a Joint Working Group (JWG) to explore how to use the VX4 in new applications such as aerial EMS and cargo transportation.
  • By reducing the medical response time, Babcock not only saves lives, but also significantly minimises the long-term effects of injuries.
  • I am delighted that Vertical Aerospace will be able support Babcock, a trusted provider of emergency response services, in their efforts to decarbonise their operations.

Vertical Enters the Business Aviation Market With Aircraft Pre-Order From FLYINGGROUP

Retrieved on: 
Friday, July 15, 2022
Hardware, Automotive Manufacturing, Alternative Energy, Aerospace, Energy, Manufacturing, Technology, Other Travel, Transportation, Travel, Other Transport, Air, Transport, Other Manufacturing, Other Energy, Engineering, SEC, Securities Exchange Act of 1934, Aircraft, U.S. Securities and Exchange Commission, CEO, Noise, Airport, Aviation, India-China Joint Working Group on the boundary question, Maintenance (technical), Engineering, Private Securities Litigation Reform Act, Failure, Forward-looking statement, NYSE, EVTOL, JAL, Ownership, CAMO, Certification, Travel, Founder CEO, Accident, Industry, Gol, MRO, COVID-19, JWG, Growth, Vertical Aerospace, City, Annual report, Partnership, Air Greenland, Airline, Vertical, Japan Airlines, AirAsia, American Airlines, Maintenance

Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering electric aviation, announces today that FLYINGGROUP, one of Europes leading business jet operators, has conditionally pre-ordered up to 50 VX4 aircraft.

Key Points: 
  • Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering electric aviation, announces today that FLYINGGROUP, one of Europes leading business jet operators, has conditionally pre-ordered up to 50 VX4 aircraft.
  • Todays announcement represents Verticals first commercial agreement within the business aviation market, a further demonstration of the significant market demand for the VX4.
  • Stephen Fitzpatrick, Founder & CEO, Vertical Aerospace, said We are delighted to partner with FLYINGGROUP to change the way people travel throughout the business aviation market.
  • FLYINGGROUP takes care of the entire management of its customers business aircraft, including maintenance, CAMO, certification, crew management, charter sales and flight operations.

Vertical Aerospace Secures Pre-Delivery Payment Commitment From American Airlines

Retrieved on: 
Friday, July 15, 2022
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Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero-emissions aviation, today announces that it has confirmed delivery slots and the commitment of associated pre-delivery payments with American Airlines (NASDAQ: AAL).

Key Points: 
  • Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero-emissions aviation, today announces that it has confirmed delivery slots and the commitment of associated pre-delivery payments with American Airlines (NASDAQ: AAL).
  • Stephen Fitzpatrick, Founder & CEO of Vertical said We are delighted to have reached this major milestone with American Airlines on our eVTOL partnership.
  • We look forward to continuing our work with American and seeing the first red, white and blue VX4 come off the production line.
  • Customers include American Airlines, Virgin Atlantic, Avolon, Bristow, Marubeni, Iberojet and FLYINGGROUP, as well as Japan Airlines (JAL), Gol, Air Greenland, Gozen Holding and AirAsia, through Avolons VX4 placements.

Vertical Enters the Business Aviation Market With Aircraft Pre-order From FLYINGGROUP

Retrieved on: 
Friday, July 15, 2022
Transportation, EV, Electric Vehicles, Aerospace, Automotive, Manufacturing, Travel, Air, Transport, Alternative Energy, Energy, Engineering, SEC, Securities Exchange Act of 1934, Aircraft, U.S. Securities and Exchange Commission, CEO, Noise, Airport, Aviation, India-China Joint Working Group on the boundary question, Maintenance (technical), Engineering, Private Securities Litigation Reform Act, Failure, Forward-looking statement, NYSE, EVTOL, JAL, Ownership, CAMO, Certification, Travel, Founder CEO, Accident, Industry, Gol, MRO, COVID-19, JWG, Growth, Vertical Aerospace, City, Annual report, Partnership, Air Greenland, Airline, Vertical, Japan Airlines, AirAsia, American Airlines, Maintenance

Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering electric aviation, announces today that FLYINGGROUP, one of Europes leading business jet operators, has conditionally pre-ordered up to 50 VX4 aircraft.

Key Points: 
  • Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering electric aviation, announces today that FLYINGGROUP, one of Europes leading business jet operators, has conditionally pre-ordered up to 50 VX4 aircraft.
  • Todays announcement represents Verticals first commercial agreement within the business aviation market, a further demonstration of the significant market demand for the VX4.
  • Stephen Fitzpatrick, Founder & CEO, Vertical Aerospace, said We are delighted to partner with FLYINGGROUP to change the way people travel throughout the business aviation market.
  • FLYINGGROUP takes care of the entire management of its customers business aircraft, including maintenance, CAMO, certification, crew management, charter sales and flight operations.

Avolon Exceeds Pre-Order Commitments and Places Over 500 VX4 Aircraft With Leading Airlines

Retrieved on: 
Tuesday, March 29, 2022
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Avolon, the worlds second largest aircraft lessor, pre-ordered 500 VX4s in June 2021, and as of today has placed all of these units, as well as an additional 50 aircraft options, with leading global airlines.

Key Points: 
  • Avolon, the worlds second largest aircraft lessor, pre-ordered 500 VX4s in June 2021, and as of today has placed all of these units, as well as an additional 50 aircraft options, with leading global airlines.
  • This has been achieved by placing aircraft with flag carriers and innovative airlines such as JAL, AirAsia and Brazils largest airline Gol, in addition to todays announcement with leading Turkish aviation group, Gzen Holding, for up to 100 VX4 eVTOL aircraft.
  • Vertical has sold its VX4 aircraft directly to a broad range of customers including aircraft lessors, airlines, helicopter operators and tourism groups.
  • Avolon is the worlds second largest aircraft leasing business with an owned, managed and committed fleet, as of 31 December 2021 of 824 aircraft.