Summary
Private jet companies are getting ready for a future that includes flying cars, known as eVTOLs. Although experts don't expect these vehicles to be common in the U.S. before 2030, companies are preparing their business models to include them one day. These flying cars will likely serve practical uses, like transporting goods or medical supplies, rather than replacing regular cars for travel.
Key Facts
- Flying cars, called eVTOLs, take off and land vertically and may be similar to drones.
- These vehicles are expected to first appear as two-seaters with limited space for passengers and no luggage.
- The Federal Aviation Administration (FAA) is working on regulations for eVTOLs, but they might not be widely used until after 2030.
- Flexjet and Flyjets are aviation companies preparing for the integration of eVTOLs into their services.
- The FAA has made progress toward certifying these vehicles, aligning with the European Union Aviation Safety Agency.
- eVTOLs are seen as being more functional than luxurious and may be used for tasks like transporting medical supplies.
- Flexjet raised $230 million to invest in technology for urban air mobility and plans to list on the Sao Paulo Stock Exchange.
- Automation and eVTOLs may merge in technology development after 2030, potentially leading to more advanced flying cars.
