An aircraft capable of vertical takeoff and landing, stationary flight and forward flight includes a closed wing that provides lift whenever the aircraft is in forward flight, a fuselage at least partially disposed within a perimeter of the closed wing, and one or more spokes coupling the closed wing to the fuselage. One or more engines or motors are disposed within or attached to the closed wing, fuselage or spokes. Three or more propellers are proximate to a leading edge of the closed wing or the one or more spokes, distributed along the closed wing or the one or more spokes, and operably connected to the one or more engines or motors. The propellers provide lift whenever the aircraft is in vertical takeoff and landing and stationary flight, and provide thrust whenever the aircraft is in forward flight.