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Dómhnal Slattery “Appointed New Vertical Aerospace Chairman”

Ver­ti­cal Aero­space (VA) has announced this week the appoint­ment of Dómh­nal Slat­tery as the company’s new Chair­man, reports a press release. He brings over three decades of avi­a­tion finance exper­tise. 

Slat­tery rejoins the VA Board after pre­vi­ous­ly serv­ing as its Chair­man from Jan­u­ary 2022 to August 2023, lead­ing on the build­ing of its pre-order book and tran­si­tion to a pub­lic com­pa­ny. 

He is one of the world’s top air­craft leas­ing pio­neers hav­ing found­ed and led Avolon and SMBC Avi­a­tion which ranked as two of the top three in the world. He is cur­rent­ly the Chair­man of Cla­hane Cap­i­tal, his pri­vate invest­ment plat­form. 

Ver­ti­cal will ben­e­fit from Slattery’s exten­sive lead­er­ship and under­stand­ing of the glob­al avi­a­tion sec­tor and the busi­ness­es he has found­ed and built, hav­ing col­lec­tive­ly raised and deployed over USD75 bil­lion in cap­i­tal.

Stu­art Simp­son, CEO at Ver­ti­cal Aero­space, com­ment­ed, “Dómhnal’s remark­able track record of found­ing and scal­ing world-class com­pa­nies posi­tions him per­fect­ly to guide Vertical’s jour­ney for­ward. His vision­ary lead­er­ship and deep exper­tise will be invalu­able as we accel­er­ate towards achiev­ing our Flight­path 2030 goal of becom­ing a glob­al leader in the eVTOL sec­tor.”

Slat­tery is wide­ly recog­nised for his con­tri­bu­tions to the avi­a­tion indus­try, earn­ing acco­lades such as being the recip­i­ent of the 2023 Inter­na­tion­al Soci­ety of Trans­port Air­craft Trad­ing (ISTAT) Award and in 2016 being hon­oured with the ‘Out­stand­ing Con­tri­bu­tion to the Avi­a­tion Indus­try’ at the Avi­a­tion Indus­try Awards.  

Slat­tery remarked,“I am hon­oured to re-join this vision­ary busi­ness at such a piv­otal time for the sec­tor and look for­ward to con­tribut­ing to Vertical’s mis­sion to pio­neer elec­tric avi­a­tion.” 

The appoint­ment fol­lows impor­tant devel­op­ments for the busi­ness, with VA recent­ly secur­ing invest­ment from Mudrick Cap­i­tal and last week becom­ing only the sec­ond com­pa­ny in the world to achieve pilot­ed thrust-borne flight with a full-scale vec­tored thrust eVTOL air­craft. 

Stephen Welch, the pre­vi­ous Chair­man, will con­tin­ue to serve on the Company’s Board as a non-exec­u­tive direc­tor.

For more infor­ma­tion 

https://vertical-aerospace.com/

(Top image: Dómh­nal Slat­tery) 

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