{"id":16577,"date":"2024-11-15T12:38:19","date_gmt":"2024-11-15T11:38:19","guid":{"rendered":"https:\/\/costops.com\/index.php\/2024\/11\/15\/uk-flying-taxi-firm-pins-hopes-on-investors-as-cash-runs-short\/"},"modified":"2024-11-15T12:38:19","modified_gmt":"2024-11-15T11:38:19","slug":"uk-flying-taxi-firm-pins-hopes-on-investors-as-cash-runs-short","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2024\/11\/15\/uk-flying-taxi-firm-pins-hopes-on-investors-as-cash-runs-short\/","title":{"rendered":"UK flying taxi firm pins hopes on investors as cash runs short"},"content":{"rendered":"<p>Vertical\u2019s crash and cash crisis highlight challenge of making flying taxis a reality after nearly a century of efforts<\/p>\n<p>On a dreary November day in the Cotswolds, England, the VX4 \u2013 a cross between a plane and a helicopter \u2013 rose from an airport runway, hovered a few feet off the ground and set back down.<\/p>\n<p>It might not have reached a heady altitude, but for its British owner, Vertical Aerospace, it was a crucial moment. The company, <a href=\"https:\/\/www.theguardian.com\/business\/2024\/feb\/20\/uk-electric-air-taxi-government-vertical-aerospace\">which has received millions of pounds in UK taxpayer support<\/a>, is running short of cash.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/2024\/nov\/15\/vertical-uk-flying-taxi-firm-investors-cash\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/1d30a8a721ec5151735858708755d84c91537f11\/0_60_1800_1080\/master\/1800.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=ef0e144f8e2d2f916f3ab8da18b8f3eb\" title=\"UK flying taxi firm pins hopes on investors as cash runs short\" \/>Vertical\u2019s crash and cash crisis highlight challenge of making flying taxis a reality after nearly a century of efforts<br \/>\nOn a dreary November day in the Cotswolds, England, the VX4 \u2013 a cross between a plane and a helicopter \u2013 rose from an airport runway, hovered a few feet off the ground and set back down.<br \/>\nIt might not have reached a heady altitude, but for its British owner, Vertical Aerospace, it was a crucial moment. The company, which has received millions of pounds in UK taxpayer support, is running short of cash. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vertical\u2019s crash and cash crisis highlight challenge of making flying taxis a reality after nearly a century of efforts On a dreary November day in the Cotswolds, England, the VX4 \u2013 a cross between a plane and a helicopter \u2013 rose from an airport runway, hovered a few feet off the ground and set back &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2024\/11\/15\/uk-flying-taxi-firm-pins-hopes-on-investors-as-cash-runs-short\/\"> <span class=\"screen-reader-text\">UK flying taxi firm pins hopes on investors as cash runs short<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":16578,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/16577"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=16577"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/16577\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/16578"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=16577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=16577"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=16577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}