Dubai may see air taxis plying in 4 years

Dubai may see air taxis plying in 4 years

The future is now. Taxis are a ‘ground reality,’ so to speak, but ‘air taxis’ will be too, soon, in the UAE if an agreement signed recently sees its fruition. Air taxis may be a futuristic fancy that is far-fetched for many, but not for the UAE. However, it does not mean that they are like flying cars, as seen in Harry Potter movies. Many start-ups have pumped in a lot of money to fulfil their desire to see “urban air mobility”. In April 2022, a subsidiary of Eve Holding, Inc. (“Eve” or the “Company”) (NYSE: EVEX; EVEXW) and Falcon Aviation Services (“Falcon”), a leading Business Aviation Services operator in the Middle East and Africa region, signed a Letter of Intent (LoI) for up to 35 electric vertical take-off and landing (“eVTOL”) aircraft. With deliveries expected to start in 2026, the partnership will introduce the first eVTOL touristic flights from the Atlantis, The Palm in Dubai. Eve and Falcon will work together with the local stakeholders and authorities to support developing the Urban Air Mobility (“UAM”) ecosystem for the United Arab Emirates. Captain Ramandeep Oberoi, Chief Operating Officer of Falcon, said: “We are ecstatic to partner with Eve and be