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Uber looks to soar with flying taxis by 2020

Posted in transportation

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

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

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

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