However, flying taxis still have to clear some hurdles as none of them have been approved by regulators to take off with passengers onboard. Authorities can take years to accept and approve a new technology and flying taxis have only recently made a significant transition from a concept to reality. Currently, the regulators are examining the safety standards of the vehicles before approving them for commercial purposes. Volocopter predicts a combined economic benefit to Singapore of S$4.2 billion and around 1,300 industrial jobs by the year 2030 and to increase public awareness, it is showcasing one of its aircraft in the city-state.
The previous month, one of the divisions in Kenya Airways agreed to buy up to 40 flying taxis from EVE UAM, which is a subsidiary of Eve holdings Inc. headquartered in the US initiating in 2026. As the first hub for flying taxis that is operational, the same is set to make its way in Coventry, England, which was earlier known as Britain’s automotive city.