""Like all new technology, Vertical Aerospace expects its aircraft will initially be a premium product used for airport transfers, but will evolve and become very affordable once production grows,""
""Where it starts to become affordable is, we've got a vehicle that can fly lots of times a day, can carry lots of passengers, needs very little maintenance, is very efficient to operate. "Ultimately, the potential is for this aircraft to be a similar cost as hiring an Uber,""
""The engineers behind this are adamant the technology is already there to launch electric aircraft into the skies and they think the engines are cheaper, simpler and easier to maintain than existing helicopters. "Ultimately, they want the fares to be affordable and cost the"
Valo is an electric vertical take-off and landing aircraft currently undergoing testing for urban routes. Valo is designed to travel at up to 150mph and cover distances up to 100 miles per flight. Each piloted flight will carry up to six passengers and is planned to begin with journeys from Canary Wharf if approved. Initial fares are expected to be similar to a black cab with potential to become as affordable as hiring an Uber as production scales. Regulatory approval from the UK CAA and EASA and additional investment are required. The production target is 175 aircraft by 2030.
Read at www.bbc.com
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