Lilium has appointed accountancy group KPMG to start a mergers and acquisitions process it hopes will avoid bankruptcy and keep plans alive to bring its six-passenger eVTOL aircraft to market. The company announced the move on November 5 after a court in Weilheim, Germany approved insolvency administration filings and appointed a custodian and “chief insolvency officers.”

Beta Technologies has raised $318 million in fresh capital through a Series C funding round to support efforts to bring its Alia electric aircraft to market. The Vermont-based company announced the closing of the round on October 31, confirming that it has now raised more than $1 billion in equity capital.

Airbus this week began remotely piloted flight testing a full-scale prototype of its CityAirbus NextGen eVTOL aircraft. The initial takeoff at the European aerospace group’s Donauwörth facility was reported on November 6 via social media by Airbus Helicopters CEO Bruno Even.

Brazil’s National Civil Aviation Agency has published the final version of the airworthiness criteria that will be used for type certification of the four-passenger eVTOL aircraft being developed by Eve Air Mobility. The milestone announced on November 4 follows an extensive consultation process, with the agency and manufacturer now focused on defining the means of compliance to meet the requirements.

Artificial intelligence is disrupting every facet of the aviation industry, and the technology is poised to completely change the way aircraft fly. While pilotless passenger flights on self-flying, AI-powered airliners won’t become a reality anytime soon, AI technology is already creeping into airplane flight decks and transforming how pilots do their jobs—and how they learn to fly.

Joby Aviation and its strategic partner Toyota have publicly demonstrated their four-passenger eVTOL aircraft in Japan. The display was conducted against the iconic backdrop of Mount Fuji on November 2.

JetZero said it has a complete set of partnership arrangements with flight control system suppliers for the demonstrator version of its planned blended-wing-body airliner. On November 5, Thales became the latest strategic supplier selected by the California-based start-up, with the French aerospace group set to provide its fly-by-wire flight control system.