Another huge step towards making urban air mobility a reality

    Lilium Jet is the world’s first all-electric jet-powered five-seater air taxi. Capable of traveling up to 300km in just 60 minutes, with zero operating emissions, Lilium Jet is the world’s first all-electric jet-powered five-seater air taxi. Developed by Munich-based startup Lilium, the new air taxi celebrated its maiden flight last week. Lilium Jet features … Read more

Currently in development: Meet the new flock of VTOL’s that want to put you in the seat of a flying vehicle

Have a look at some of the flying vehicles that someday could carry passengers over traffic. The interest in the vertical takeoff and landing (commonly known as VTOL) aircrafts shows exponential growth and the worldwide demand of planes that don’t need runways will continue to rise, and so will the supply. But the era of … Read more

Ready for liftoff? Two flying taxi startups got Pentagon funding

Exclusive: Self-flying vehicle firms got $2m last year, as US military envisions taxis as more Blade Runner than Back to the Future

Gyronautics, Airplanes without runways, and the transport revolution: On-demand urban air taxis are one step closer to reality

Switch Mobility And Skyworks Global Announced a Joint Venture. Coud this joint venture introduce a viable urban air taxi model?   Door-to-door, customized transportation experience may soon only be a click away, says Skyworks, the world’s leading expert in gyronautics, a sustained autorotative flight platform. Gyronautics, a technology born nearly a century ago, modernized by … Read more

The average spending of China’s high net worth individuals decreased by 15%

  Hurun Report releases Chinese Luxury Consumer Survey 2014 and Hurun Best of the Best Awards 2014. According to Hurun Report Chinese Luxury Consumer Survey 2014, the average spending of China’s high net worth individuals has decreased by 15%, with spending on gift giving down by a dramatic 25%. HNWIs are busier than ever. They … Read more