Flying air taxis approach US launch with new FAA rule approval
AVIATION & AIRPORTS

Flying air taxis approach US launch with new FAA rule approval

Federal regulators took a significant step forward for electric-powered air taxis by issuing a final rule that outlines the operational guidelines for the aircraft and the training protocols for pilots.

Mike Whitaker, the head of the Federal Aviation Administration (FAA), indicated that the rule acknowledges air taxis as a completely new category of aircraft that will soon join airplanes and helicopters in the airspace. These aircraft are designed to take off and land vertically like helicopters, while flying like fixed-wing planes. Numerous companies are working to bring them to market, but their progress has been hindered by the lack of clear regulations governing their use.

Whitaker emphasized that the FAA is prioritising safety as it integrates these new aircraft into the nation’s airspace. He noted that "powered-lift aircraft" represent the first new category of aircraft in nearly 80 years, since the introduction of helicopters, and this rule will facilitate their widespread operation.

Supporters of air taxis view them as a more environmentally friendly alternative to traditional passenger planes that rely on jet fuel. However, current technological limitations restrict their size, suggesting that they will primarily be utilized in urban areas. Companies anticipate using these aircraft for transporting both people and cargo.

Joby Aviation, a California-based company in this emerging field, commended the FAA's regulation. CEO JoeBen Bevirt remarked that the rules would ensure that the US maintains its global leadership in the development and adoption of clean flight technology.

Airlines see air taxis as a potential solution for transporting passengers to airports. In 2022, Delta Air Lines announced a $60 million investment in Joby, while Toyota revealed a $500 million investment this month. Additionally, United Airlines is supporting another California-based company, Archer Aviation, with an order for 200 aircraft, which Archer stated could be valued at $1 billion, with an option for an additional 500 million.

Federal regulators took a significant step forward for electric-powered air taxis by issuing a final rule that outlines the operational guidelines for the aircraft and the training protocols for pilots. Mike Whitaker, the head of the Federal Aviation Administration (FAA), indicated that the rule acknowledges air taxis as a completely new category of aircraft that will soon join airplanes and helicopters in the airspace. These aircraft are designed to take off and land vertically like helicopters, while flying like fixed-wing planes. Numerous companies are working to bring them to market, but their progress has been hindered by the lack of clear regulations governing their use. Whitaker emphasized that the FAA is prioritising safety as it integrates these new aircraft into the nation’s airspace. He noted that powered-lift aircraft represent the first new category of aircraft in nearly 80 years, since the introduction of helicopters, and this rule will facilitate their widespread operation. Supporters of air taxis view them as a more environmentally friendly alternative to traditional passenger planes that rely on jet fuel. However, current technological limitations restrict their size, suggesting that they will primarily be utilized in urban areas. Companies anticipate using these aircraft for transporting both people and cargo. Joby Aviation, a California-based company in this emerging field, commended the FAA's regulation. CEO JoeBen Bevirt remarked that the rules would ensure that the US maintains its global leadership in the development and adoption of clean flight technology. Airlines see air taxis as a potential solution for transporting passengers to airports. In 2022, Delta Air Lines announced a $60 million investment in Joby, while Toyota revealed a $500 million investment this month. Additionally, United Airlines is supporting another California-based company, Archer Aviation, with an order for 200 aircraft, which Archer stated could be valued at $1 billion, with an option for an additional 500 million.

Next Story
Infrastructure Urban

Consistent reforms will foster growth and reduce investor risk

Incorporated in 1986 as a wholly owned subsidiary of State Bank of India, SBI Capital Markets Ltd (SBICAPS) is a SEBI-registered Category I merchant banker and research analyst. It offers the entire bouquet of investment banking and corporate advisory services under one umbrella, covering project advisory and structured financing, capital markets, mergers and acquisitions, private equity, ESG advisory, startup advisory and stressed assets resolution. Headquartered in Mumbai, SBICAPS has seven regional offices of which six are in India (Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata and New ..

Next Story
Infrastructure Urban

Adani Group Invests $240M in Global Skills Academy

The Adani Group has announced a partnership with ITE Education Services (ITEES) of Singapore to establish a world-class talent pipeline for industries such as Green Energy, Manufacturing, Hi-tech, Project Excellence, and Industrial Design. The initiative will see an investment of over $240 million by the Adani family to set up internationally benchmarked schools of excellence, named Adani Global Skills Academy. These finishing schools will train students from technical and vocational backgrounds, equipping them with industry-relevant certifications. Graduates will have employment opportunities..

Next Story
Infrastructure Urban

Swiggy to Invest $120M in Scootsy for Expansion

Food and grocery delivery giant Swiggy Ltd announced on Friday that it will invest up to $120 million in its wholly owned subsidiary Scootsy Logistics in one or more tranches. Scootsy specializes in supply chain services and distribution, including warehouse management, in-warehouse processing with value-added services, and order fulfillment for wholesalers and retailers. "We wish to inform that the Board of Directors of the company, at its meeting held on Friday, February 21, 2025, has approved the investment by the company in the equity shares of Scootsy Logistics Private Limited, a wholly..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?