A vertical takeoff and landing (VTOL) aircraft, configured to transport passengers and/or cargo, uses propellers during vertical flight and wings during forward flight to generate lift. The VTOL aircraft includes a front wing and a rear wing connected by inboard booms. The rear wing may include a wingtip boom attached to each free end of the wing. A propeller may be attached to each inboard boom and each wingtip boom. The propellers attached to the inboard booms may be stacked propellers including at least two co-rotating propellers. The aircraft can also include a cruise propeller attached to the tail region of the fuselage, where the cruise propeller is configured to rotate in a plane approximately perpendicular to the fuselage to generate thrust during forward flight.