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From September 21 to 22, 2021, Airbus held a summit that focused on the emergence of a sustainable aerospace industry. 

On the first day of the event, the airplane maker unveiled its new vision for the CityAirbus, Airbus’s electric, fixed-wing aircraft suited for the emerging urban air mobility (UAM) market — think flying taxis. With a v-shaped tail and eight electrically-powered propellers, the CityAirbus is designed to carry up to four passengers to various locations within a city. 

Critics of Urban air mobility often target air taxi technology and business models, despite easy comparisons as Uber for aircraft. Although, Uber bailed on its flying car project late last year. 

According to Airbus Helicopters CEO Bruno Even, the more significant…

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Source: www.thomasnet.com