 "Looking to take off: Flying taxis might soon be a staple of urban transport")
Flying taxis, once the purview of science-fiction films such as The Fifth Element, might soon be a staple of urban transport, as better batteries and innovative designs make it cheaper, cleaner, and quieter to travel short distances by air. Citigroup thinks sales of air taxis could reach $5 billion a year by the end of the next decade.
Two companies came to Singapore this week to share their vision during the Intelligent Transport Systems World Congress. UK-based Skyports built a model flying taxi station, while Germany’s Volocopter gave a demonstration flight of its electric vehicle.
Engineers from the two companies walked reporters
