Jun 12, 2019

Uber takes its flying taxi ambitions to Australia

Uber has said Australia will become the first international market for its flying taxi service Uber Air. Uber said increased air mobility would help ease traffic congestion in cities. Uber is working with Nasa and the US Army on its flying taxis and has two aircraft manufacturers - Embraer and Pipistrel Aircraft - also on board. Uber's first earnings report showed the US firm posted a $1bn loss, as it faced strong competition in its ride-hailing business, and incurred extra costs related to its Uber Eats delivery service. Uber is not the only company experimenting with flying taxis, reminiscent of the mode of transport in the American cartoon "The Jetsons".

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