Air TaxiThe Funding and Talent Shortfalls Faced by Electric Air Taxis As the Air Force seeks to ensure domestic technology leadership in electric vertical takeoff and landing (eVTOL) aircraft, military and industry leaders agree that funding and available engineering talent are likely to…
Air TaxiLilium Raises $240 Million for Electric Air Taxi Development — ‘At Least 12 Months of Runway’ German electric air taxi developer Lilium completed an internal funding round worth over $240 million, raising its total investment to date to more than $340 million, the company announced. A representative for…
CommercialGovernment Shutdown Hearing: Modernization Threatened, Staffing Uncertain Presidents of five major aviation groups appeared before Congress Wednesday to testify on the impact of the 35-day government shutdown and support the bill that would ensure consistent funding for the FAA…
RegulationNew House Bill Would Fund FAA During Government Shutdown A new bill that would protect the FAA's funding in the event of government shutdown was put forward Friday in the House of Representatives by Reps. Peter DeFazio, D-Ore., and Rick Larsen,…
MilitarySenate Panel Supports More F-35s Than Trump Requested at $675B The U.S. Senate Appropriations Committee’s defense panel (SAC-D) approved a $675-billion fiscal year 2019 defense appropriations bill that would fund 89 F-35 Joint Strike Fighters, 12 more than the Trump administration requested.…