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Vertical Aerospace Raises $90 Million in Public Offering

Vertical Aerospace, the UK-based leader in electric vertical take-off and landing (eVTOL) aircraft, has announced the successful closing of its underwritten public offering, generating gross proceeds of $90 million. The funds were raised before deducting underwriting discounts, commissions, and other associated expenses.

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easyJet Reports 13% Revenue Growth in Fiscal Q1

easyJet, the UK-based low-cost airline, has reported strong financial results for its fiscal first quarter, highlighting a 13% increase in Group revenue, which reached US$2.5 billion. This growth reflects the airline’s ability to capitalize on rising demand and optimize its operations amidst an improving aviation market.