Personal aerial vehicles, an innovative transport mode to bridge the niche between scheduled airliners and ground transport, are seen by aviation researchers and engineers as a solution to provide fast urban on-demand mobility. This paper reviews recent research efforts on the personal aerial vehicle (PAV), with a focus on the US and Europe led research activities. As an extension of the programmatic level overview, several enabling technologies, such as vertical/short take-off and landing (V/STOL), automation, distributed electric propulsion, which might promote the deployment of PAVs, are introduced and discussed. Despite the dramatic innovation in PAV concept development and related technologies, some challenging issues remain, especially safety, infrastructure and public acceptance. As such, further efforts by many stakeholders are required to enable the real implementation and application of PAVs.