Investors are pouring money into the high-risk, high-reward proposition that quieter, greener and battery-powered aircraft ...

Lilium's deal with electric aircraft consortium will allow the air taxi maker to restart operations in January.

German company files for insolvency and will search for investors to support the development of its vertical takeoff and ...

Residents of Hay River, N.W.T. can again call for a cab. The Town of Hay River has been without a taxi service for over a ...

Leading vertical-takeoff and -landing aircraft developers Joby and Archer are seeking 2025 FAA approval of their next-generation aircraft, and plan to initiate air taxi services that may take a long ...

Lilium NV is getting a lifeline from a consortium of European and North American investors who plan to acquire the operating ...

A consortium of investors has resurrected Lilium just days after the electric air taxi startup ceased operations and laid off ...

The strategy aligns with the Dubai 2040 Urban Master Plan and the city's broader vision for a smart and sustainable future ...

Bernd Weißbrod/dpa German air taxi manufacturer Volocopter has declared insolvency as it seeks new funding, the company announced from its headquarters at Bruchsal near Stuttgart. "The company ...