Having completed their mergers with special purpose acquisition companies, two more eVTOL start-ups are going public in New York but both are set to raise less capital than anticipated.
The UK Urban Air Mobility Consortium has published largely jargon-free, plain English guidance to help the general public and other stakeholders better understand the case for supporting eVTOL aircraft operations in cities.
The Israeli company has raised the first $10 million towards a Series A funding round goal of $100 million, with support from investors in Israel, the U.S., and Brazil.
The UK charter industry regrets the country’s departure from the EU that ushered in the need to obtain country-specific permits for flights into the EU.
The U.S. airframer projects demand for more than 43,500 new airplanes valued at $7.2 trillion over the next 20 years in its new Commercial Market Outlook.
The German eVTOL aircraft developer's anticipated Nasdaq listing on September 15 is expected to yield around $584 million in funds for its efforts to bring the seven-seater Lilium Jet to market in 2024.
The UK eVTOL aircraft developer has recruited a former senior executive from London Heathrow Airport and a branding expert who previously worked with rival Lilium.
Business aviation has been recovering from the shock caused by the Covid-19 pandemic, but its complete return to normalcy will not happen until next year.
Ross Aviation’s latest acquisition, the former Stuart Jet Center at Witham Field (KSUA) in Florida is now the newest member of the Paragon FBO Network.
A report on the fatal crash of an Air India Express aircraft said the pilots didn't follow operational procedures when attempting to land in monsoon rain.