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The Exchange: Will we be hailing taxis from the sky by 2025?

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There are few things more frustrating than being stuck in a traffic jam. Just five minutes of standstill during rush hour can get you dreaming of flying cars like the ones from the 1960s cartoon ‘The Jetsons’. But could these cars soon be a reality?

Flying cars sound like something out of a science fiction film, but money is pouring into the development of human-sized drones and cargo-carrying airships. Will flying taxis soon be stopping outside our doors?

According to IBA, a company that provides aviation data and analytics for aviation finance and airlines, the market for these Electric vertical take-off and landing aircraft is expected to rise to over 21 billion euros by 2035. It’s a figure keeping investors with their eyes in the sky.

More than 50 firms are currently developing several prototype aircraft with the capacity to transport up to 20 passengers. One such company is the Turkish start-up AirCar.

READ MORE : https://www.euronews.com/2021/11/10/will-we-be-hailing-taxis-from-the-sky-by-2025

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4 Comments

  1. @rossnolan7283

    June 8, 2024 at 9:06 am

    The first birdstrike or minor failure with catastrophic consequences will highlight the stupidity of "hanging on the prop(s)" to use an old aviation expression -meaning that if the power stops you are dead. There are ways to sensibly introduce 'urban' air travel but not like a scaled up toy drone.

  2. @nigeljohnson9820

    June 8, 2024 at 9:06 am

    The question is, will it be hailing taxis!

  3. @garyhiles5564

    June 8, 2024 at 9:06 am

    Exciting innovations

  4. @josephmartin1543

    June 8, 2024 at 9:06 am

    3D tools , C# and C++ and Electric Motors / Batteries / Composites experience is what really matters for EU Youth to learn , to be able to build Augmented Reality , Holograms Projections and VTOL Drones, video games and e-commerce sites. What will EU do to get there ?

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