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Transcend Air Corporation has announced the development of the Vy 400 (Vy), a six-seat, vertical take-off and landing (VTOL) aircraft, as well as the proposed launch of a new airline service that will deliver business travelers directly to and from major city centers.
The Vy will provide faster, more affordable door-to-door service than either helicopters or conventional airplanes, without the need for airports. Transcend will deliver service right from major city centers, such as Manhattan and downtown Boston, using VTOL-ready landing pads.
The Vy features a tilt-wing, fly-by-wire design that flies at 405 miles per hour – three times faster than traditional helicopters – with a range of 450 miles.
Transcend plans to launch commuter airline service in early 2024.
The lightweight, carbon-fiber Vy is the ultimate evolution of a 50-year-old proven concept. The modern Vy will come with low operating costs and enhanced safety, by featuring novel advanced avionics and a whole-aircraft parachute that has already been in use for nearly 20 years.
“This is a necessary and transformative addition to city-to-city transportation options,” said Greg Bruell, co-founder and CEO of Transcend. “It solves multiple problems at once: we’ll take cars off congested roads, reduce pollution around airports, and lower the cost of air transportation while drastically reducing travel times.”