Expected to be deploy in Dubai by 2020 are Uber’s flying taxis, same time as Dallas-Fort, Texas.

Dubai

Uber Technologies Inc [UBER.UL] is now aiming for the skies with its flying taxis, after upending the taxi market with its ride-hailing service,

Chief Product Officer Jeff Holden said at the Uber Elevate Summit in Dallas recently that the company expects to deploy its flying taxis in Dallas-Fort Worth, Texas, and Dubai by 2020,

With zero emissions and quiet enough to operate in cities, Uber's flying taxis will be small, electric aircraft that take off and land vertically, or VTOLs.

Compared with the more than two hours it takes by road, flying taxis would cut down travel time between San Francisco's Marina to downtown San Jose to 15 minutes, Uber estimates.

Holden said, in an early scale operation, the company can get to $1.32 per passenger mile, a little higher than taking an UberX for a similar distance.

In the longer term, Uber expects the cost of taking flying taxis to fall below car ownership.

Holden added that the company is working with Hillwood Properties to make four vertiports - VTOL hubs with multiple takeoff and landing pads, and charging infrastructure - in Dallas starting next year.

© 2018 PETROS STATHIS | ALL RIGHTS RESERVED.

Petros Stathis

STAY CONNECTED WITH US: