American Airlines has committed to making pre-delivery payments for 50 Vertical Aerospace VX4 electric VTOL aircraft.
The commitment [PDF] comes just over a year after the aviation giant made a pre-order for 250 of the flying taxis, with an option for a further 100.
Shares in Vertical Aerospace jumped as the news was announced, rising from $2.90 to $5, but still a long way from the $10-plus highs of 2021.
Vertical…