AFT's VTOL spree

"French aerospace start-up Ascendance Flight Technologies has disclosed letters of intent for 245 examples of its proposed hybrid-electric VTOL aircraft, known as the Atea. The Atea is five-seat, low-carbon aircraft which will go into production in 2025.

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Ascendance says the tentative agreements have come from six operators in the USA, Europe and Asia. Among them are France's Helifirst and Jet Systems Helicopters Services, Singapore's Evfly and Yugo, plus US firm FlyShare and PhilJets Group of the Philippines.

"[Ascendance] offers a carbon-free aircraft adapted to a wide range of routes, uses, and needs, which is what we are looking for in the highly competitive and constantly changing market in which we operate," said PhilJets sales head Geoffroy Cahen.