The company will establish a facility at Florida’s Cecil Airport to build its Phantom 3500 business jet, employing 1,200 workers.

The company and consortium partners will undertake a £10.8m project to develop a system for powering a zero-emission aircraft.

Dozens of young business aviation leaders, hailing from all parts of the country, enthusiastically showcased the many ways business aviation supports citizens, companies and communities nationwide.

Vertical Aerospace and Bristow Group will help city leaders to launch services without building operational infrastructure from scratch.

The policy is intended to encourage aviation stakeholders to switch from traditional kerosene to more sustainable aviation fuels (SAF), which can cut emissions by 80% as compared to emissions from traditional fuels.

The California company’s Z4, a blended-wing-bod, highly aerodynamic and lightweight aircraft will deliver up to a 50% reduction in fuel burn.