The U.S. Vertical Lift Consortium has named 19 finalists in its Urban Air Mobility Challenge, paving the way for a pitch competition in Washington on Sept. 28 and a chance to win $50,000 in funding.
The Federal Communications Commission is revoking plans to award SpaceX up to $886 million over 10 years to subsidize broadband internet service to rural households in the U.S. via the Starlink satellite network.
South Korean automaker Hyundai has revealed new details of its broad-based advanced air mobility development strategy after unveiling a full-scale cabin mockup of its electric vertical takeoff and landing air taxi concept and signing a propulsion collaboration deal with Rolls-Royce.
The Bell 505 has made its mark in the Middle East and Africa region, performing a wide variety of missions. Now Bell Textron has announced the 400th Bell 505 delivery to European customer.
Blade Air Mobility, one of 10 publicly traded advanced air mobility companies, beat analyst expectations with its second quarter 2022 financial performance.
Transportation research center DriveOhio has released an Advanced Air Mobility Framework document aimed at positioning Ohio for the expected growth of the AAM industry in the state.
United Airlines has made a $10 million predelivery payment on 100 of the 200 electric air taxis it agreed to purchase from Archer Aviation in February 2021.
Jazeera Airways has announced strong results with a net profit of KD7.8 million (US$ 25.37 million) for the first half of 2022, compared to a net loss of KD11.7 million in the first half of 2021.
