GE said the half-million dollar commitment will help fund the creation of a new aircraft and powerplant maintenance ...

If the company attracts investors at the top of its announced range, it will have a valuation of about $7.2 billion.

A company demonstrated its vision for personal electric aviation at the Indiantown Airport, showcasing a two-seater aircraft ...

Textron eAviation will shutter early next year after a run of about four years in Wichita. Parent company Textron Inc.

Electric vertical and takeoff aircraft company Archer Aviation has struck a deal with Korean Air to commercialize its ...

A local company demonstrated its vision for personal electric aviation at the Indiantown Airport, showcasing a two-seater ...

Long Beach's Odys Aviation, a hybrid-electric vertical take-off and landing aircraft company, closed a $26 million Series A ...

Flying cars are becoming a reality. In September, The Wall Street Journal's Dan Niel operated an electric vertical takeoff ...

Two decades after electric vehicles began reshaping ground transportation, a new category of electric aircraft is beginning ...

Korean Air and Archer Aviation ($ACHR) have signed an exclusive deal to bring Archer’s electric air taxi, called the Midnight ...

In short, the air that exits the plane moves slower than the air flowing over its wings, causing a pressure differential that creates turbulence and drag. By Clarke’s estimate, relying solely on ...

Textron will eliminate its eAviation business unit next year, redistributing the division's electric aircraft programmes ...