Flying taxis could soon be a reality in the U.S. after the Federal Aviation Administration (FAA) issued a final rule on ...

Are you ready for a new airline category? The Federal Aviation Administration (FAA) is ready for powered lift, which will be ...

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 ...

Lilium’s decision to go into “self-administration” follows the German national parliament’s denial of a loan guarantee that ...

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 agency outlines how pilots will train to fly air taxis. 'Now we’re positioned to usher in the first brand-new type of ...

German air-taxi developer Lilium said on Thursday two of its subsidiaries in the country have decided to file for insolvency ...

Lilium shares lost more than half of their value and hit a new low on Thursday after the air-taxi startup said its two main German units plan to file for insolvency. Shares of the German company were ...