Toyota Motor Corporation recently invested $500 million to help support the future of electric air taxi travel.

The race to become the first Western air-taxi company to carry passengers lost a high-profile competitor this month when ...

By Abhijith Ganapavaram (Reuters) -UK-based Vertical Aerospace and Mudrick Capital have signed a non-binding term sheet under ...

UK-based Vertical Aerospace said on Monday that investor Mudrick Capital has agreed to convert 50% of its outstanding ...

Flying taxi startup Vertical Aerospace Ltd. said it had secured as much as $50 million in new funding from Mudrick Capital ...

The air-taxi industry faces financial difficulties, highlighted by Germany's Lilium succumbing to a cash crisis. Despite ...

Makers of electric vertical take-off and landing aircraft (eVTOL), commonly known as air taxis, have raised roughly $13 ...

Take off in the possible future of air travel with the virtual version of Joby's air taxi in Microsoft Flight Simulator 2024 ...

Want to go further afield? Trips between Abu Dhabi and Dubai are expected to range from Dhs800 to Dhs1,500. While that’s not ...

Joby and Archer are pioneering the urban air mobility (UAM) sector, developing aircraft capable of vertical takeoff and ...

Europe's eVTOL flying taxi leaders are burning through cash ... and have been hovering on the horizon to disrupt urban air mobility for years — pending certification of course.

Vertical Aerospace Ltd outlined a longterm plan to ramp up deliveries and achieve profitability by the end of the decade, ...