Dublin firm Avolon to buy up to 500 'game-changing' electric aircraft

The VA-X4 has a range of more than 100 miles and a capacity for four passengers, and a pilot. The aircraft takes off vertically enabling it to operate in and out of cities and other confined locations

Dublin aircraft leasing form Avolon is to purchase up to 500 electric, vertical take off aircraft taking deliveries from late 2024.

Avolon, the Irish aircraft leasing company has signed a $2bn (€1.6bn) order for up to 500 electric aircraft from UK firm Vertical Aerospace.

The agreement will introduce the ultra-short-haul aircraft category to commercial aviation and is considered a game-changing development that will revolutionise air travel with zero emissions aircraft.