Johns Hopkins aerospace engineer Jaafar El-Awady explains why flying vehicles are far from replacing ground transportation ...
Flying taxis could soon be a reality in the U.S. after the Federal Aviation Administration (FAA) issued a final rule on ...
The Lilium Jet, priced at $10 million, was scheduled to take its first planned flight in early 2025. The company had promised ...
Are you ready for a new airline category? The Federal Aviation Administration (FAA) is ready for powered lift, which will be ...
At the kickoff of the week, a team of analysts at Citigroup flagged a clutch of stocks in various sectors that might be vulnerable to such changes. In what it terms the "leisure category," Citi ...
Seven years after its first test flight, German electric air taxi manufacturer Lilium has run out of funding and filed for ...
Federal regulators have cleared the path for electric vertical takeoff and landing aircraft to share U.S. airspace with ...
Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries plan on filing for ...
Two years before German air taxi manufacturer Lilium promised to deliver its first two aircraft to customers, the air taxi pioneer has run out of money and will imminently stop making them. In a ...
LA Taximoto's yellow Honda Goldwing is the area's quickest way through clogged traffic arteries. We spoke with founder Thomas ...
Joby Aviation said that with the final rule, the FAA “lays the groundwork necessary for Joby to launch commercial passenger ...
The company's U.S.-listed shares fell 57% to 23 cents after the subsidiaries - Lilium GmbH and Lilium eAircraft GmbH - told ...