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Air taxis and personal transports

Vertical Aerospace 2023 Q3 financial report cites UKP22 million loss and UKP74 million reserves

Vertical Aerospace today released its Q3/2023 Shareholder Letter, covering its performance and progress across its proprietary technology, full-scale eVTOL prototype and partnerships. Financially the letter says Vertical reported a net operating loss of UKP22 million for […]

Commentary

“I’m concerned about the lack of understanding about the complexity of vertiport operations”- Fethi Chebil

Fethi Chebil is CEO and Founder of Vports. In June this year the company initiated the certification process for its vertiports as part of the world’s first AAM integrator centre at the Mohammed bin Rashid […]

Commentary

Lilium releases Q2 2023 Shareholder Letter

Lilium, developer of the all-electric vertical take-off and landing (“eVTOL”) jet, has released its Q2 2023 Shareholder Letter. The letter discusses Lilium’s progress towards important milestones in the development of its Lilium Jet and lists […]

Commentary

AAM, drone and UTM leaders expect industry acceleration following passage of FAA reauthorization

The US House of Representatives on July 20 passed the Securing Growth and Robust Leadership in American Aviation Act (H.R. 3935), a bill to reauthorize the Federal Aviation Administration (FAA) and aviation safety and infrastructure programmes […]

Commentary

FAA’s Innovate28 vision: Clear high-level view but uncertainty over local responsibilities

By Philip Butterworth-Hayes The Federal Aviation Administration (FAA) has published its Advanced Air Mobility (AAM) Implementation Plan Near-term (Innovate28) Focus with an Eye on the Future of AAM report, which sets out a high-level view on how […]