The AAM Stock Composite ticked up 3% during the week ending Nov. 24, as strong gains from EHang canceled out a lackluster performance from other air taxi OEMs.
Receiving the design organization approval means that Lilium is now entitled by EASA to design, develop and hold a type certificate for its Lilium Jet.
Volocopter will be re-evaluating its plans to introduce advanced air mobility (AAM) services here after it failed to secure local “cost-sharing partners.”
The award by the innovation arm of the Air Force Research Laboratory supports testing of the Aerial Reconfigurable Embedded System and a hydrogen fuel cell.
Japan Airlines is working with startups H2Fly, Universal Hydrogen and ZeroAvia to explore the retrofit of its regional aircraft with zero-emission powertrains.
Aurora’s concept is a stealthy transport-style flying-wing design with moderate sweep and embedded engines powering four lift fans via mechanical drives.
Chinese startup AutoFlight has flown a prototype of a firefighting version of its CarryAll electric vertical-takeoff-and-landing uncrewed cargo aircraft.
European cargo drone airline Dronamics has signed an agreement with Dubai-based package carrier Aramex to enable same-day and middle-mile deliveries in the UAE.