Articles tagged “air taxis”

Ixigo's IPO closed to a blockbuster subscription window. The online travel company's performance at the Indian bourses is indicative of the positive sentiments that prevail in India with regard to the travel industry.

Dubai is no stranger to being a trendsetter, but if realized, this latest leap could propel the city into the transportation super league.

As countries in the Middle East set ambitious tourism targets for the future, Saudi Arabia is investing in infrastructure to drive numbers, while Dubai is investing in technology to adopt "Smart Gates" at Dubai airport and looking to make air taxis a reality.

Dubai has yet again revealed its plans to connect the city through flying taxis and expects to launch aerial taxi operations by 2026.

While Air Lease's Steven Udvar-Házy believes Europe is likely to see more airline consolidation, he's uncertain that will be the case in Latin America. Watch him also discuss challenges facing companies involved in both the aircraft and electric air taxi markets.

Saudi Arabia’s national flag carrier Saudia announced on Wednesday that it has signed an agreement with German air taxi startup Lilium to purchase 100 jets.

Electric air taxis have captured airlines' attention by offering them a solution to the last-mile of travelers' trips, and meeting carbon emission targets. AirAsia is the latest to jump for the technology with a big commitment for the proposed planes.

The American Airlines investment in Vertical Aerospace marks the aviation industry's broad support of more than a dozen startups building air taxis. But be skeptical of the hype that small, electric-powered aircraft will be in the skies anytime soon.