Flying Taxis Offer New Competition
Big Competition for $49 Billion Helicopter Industry Source: AIR AIR's Flying Taxis 200 companies around the world are developing eVTOLs that could prove to be big disruptors of the $49 billion helicopter industry. Flying taxi company AIR is a primary example with impressive tech: Israel and California based AIR has developed a powerful, electric vertical takeoff and landing vehicle (eVTOL) with a multi-market focus, including displacing helicopters as transit to and from yachts AIR is partnering with the non-profit International SeaKeepers Society to build an air taxi business within the yachting community to ferry passengers, cargo and supplies back and forth between yachts and the shore The sales pitch: eVTOL air taxis are safer with far fewer parts that can break down, much cheaper, emit zero emissions and operate with much greater efficiency than helicopters SeaKeepers, which is an educational o