American Airlines is investing in a British company that is developing vertical take-off electric aircraft that can carry a pilot and four passengers with a range of about 100 miles.
Vertical Aerospace plans to go public through a merger with another company in a $2.2 billion deal.
This is American's first move into the field of electric, vertical take-off aircraft.
Vertical is planning a test flight of its experimental model for later this year and hopes to have it certified by 2024.
Industry insiders believe it could take decades for the technology to improve to the point where it will be viable for commercial air carriers.
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