Rotorcraft
Study: 430,000 Urban Air Taxis By 2040
A new Frost & Sullivan study predicts urban air taxis will begin operations in 2022 and grow to a worldwide fleet of 430,000 by 2040.

There will be more than 430,000 urban air taxis in operation by 2040, according to a new Frost & Sullivan study. The international consulting firm predicts that operations will begin as early as 2022, initially in the UAE, New Zealand, and Singapore, followed by Brazil and Mexico. "Globally, almost 50 cities are considering the feasibility of UAM, and most of the applications are focused on cargo drones, which will eventually open up the market for passenger UAM vehicles," said Frost & Sullivan senior mobility analyst Joe Praveen Vijayakumar.