AAM_Business

Lilium plans to sell 20 Lilium Jets to startup airline UrbanLink for use in regional air mobility services across South Florida.

Chevron Pipe Line and American Aerospace Technologies won a waiver from the FAA to conduct Beyond Visual Line of Sight flights of a drone to inspect pipelines.

The CEO of Lilium says the company may have to leave Germany if it cannot secure government funding for development and certification of its Lilium Jet.

Skyports Infrastructure and the government of Ras Al Khaimah have agreed to develop a vertiport network to facilitate air-taxi services beginning in 2027.

The AAM Stock Composite was little changed during the week ended May 3, declining by around 1%, while the S&P 500 ticked up 0.5%.

U.S. electric seaglider startup Regent has partnered with sustainable- and maritime-aircraft lessor Monte to offer leasing options for the Viceroy seaglider.

Australian vertiport startup boss Skyportz has been working to assemble the elements needed to enable an advanced air mobility (AAM) ecosystem in its home country.

Chinese startup Volant Aerotech has completed a 100 million yuan ($14 million) funding round to continue development of its VE25-100 eVTOL air taxi.

Published on May 2, the UK Aircraft Accident Investigation Branch (AAIB) report confirms company statements immediately following the Aug. 9 incident.

Founded in 2019, MightyFly says it is the first developer of large autonomous cargo eVTOL aircraft to receive an FAA flight corridor approval.

Robinson Helicopter has made the first corporate acquisition in its 50-year history by purchasing an uncrewed air system (UAS) developer.

Advanced battery startup Amprius and battery pack manufacturer Stafl Systems to develop high-performance battery systems for uncrewed aircraft and AAM.

Startup VerdeGo Aero has been awarded a U.S. Air Force contract to advance development of a turbine-based hybrid-electric powerplant.

A widening gap between the well-capitalized and poorly capitalized startups suggests that not all the publicly traded players will make it to entry into service

The pair of orders came from Air2E, a German sustainable business travel startup, and Hopscotch Air, a private aviation company based in New York.

The Prosperity air taxi will be used for urban air traffic demonstration flights conducted in preparation for the Osaka World Expo in 2025.

The two front-runners in the nascent U.S. air taxi market have staked out sharply different paths in their manufacturing strategies.

The eVTOL industry seems to be in a Boeing 367-like moment.

Component MRO providers are expanding battery capabilities and growing their global footprint, including AAR Corp., Antavia and Concorde Battery Corp.

After 35 years, Heli-Expo is transforming into a new, broader event to be called Verticon.

Analysis of past type certification efforts shows that current timelines for eVTOL startups are far too optimistic.

Dubai has emerged as one of the early major markets for urban air mobility, including plans to serve as a key international launch market for Joby Aviation.

Two of Germany’s large aerospace suppliers seek better access to the U.S. market and Boeing, with very different approaches.

Aviation Week ranks the 15 leading companies in the nascent eVTOL market.

U.S. startup Rotor Technologies has completed what it described as the world’s first live demonstration of an autonomous helicopter.