The AAM Stock Composite dropped by 7% during the week ending Jan. 19, extending a losing streak that has seen the index shed nearly 19% since the year's start.
Hunch Mobility, which provides helicopter air-taxi services in India, plans to be listed on the New York Stock Exchange via a merger with blank-check company.
Europe’s two fast-rotorcraft demonstrator projects are racing to achieve first flight before the EU’s long-running Clean Sky 2 research program finishes.
Indian regional air mobility startup JetSetGo has announced a series of orders that could see it add up to 280 advanced air mobility aircraft into its fleet.
The European Parliament has taken a step toward creating policy that would encourage states to increase investment in electric regional and UAM technologies.
AAM startup ZeroAvia has entered into a conditional accord to supply 20 of its 600-kW ZA-600 hydrogen-electric powertrains to an Indian regional operator.
U.S. startup Surf Air Mobility has signed on another African operator to its backlog of carriers awaiting electric conversions of their Cessna Caravan fleets.
FBO Atlantic Aviation has signed agreements with Archer and Joby Aviation to install electric aircraft charging sites at a handful of its airport terminals.
Skyports Drone Services has completed a series of test flights aimed at inspecting and monitoring the quality of river and coastal waterways in the UK.
Japanese eVTOL startup SkyDrive has secured additional Series C funding through a third-party allotment of new shares to existing investor Suzuki Motor.
The U.S. Air Force has an interest in exploring small eVTOLs with light payloads between 400 and 500 lb., as well as even smaller aircraft with payloads of 100-250 lb.
XPeng AeroHT plans to start making its “Land Aircraft Carrier:” an electric, off-road SUV that carries a two-passenger personal eVTOL aircraft in its trunk.
Lilium has announced a partnership with airport operator Fraport aimed at defining requirements for a network of vertiports across Germany and nearby countries.
