Title Title
Uber to launch flying cab-service by 2023  Uber plans flying cab service by 2023
Summary Summary
Uber is re-opening its contest for an international city host, after delays in Dubai  
Highlights Highlights
Content Content
<strong>Uber set out plans for a flying taxi service by 2023, at its conference in Los Angeles this week (<a href="https://www.ft.com/content/6a22efb0-540d-11e8-b3ee-41e0209208ec"><i>Financial Times - may be behind paywall</i></a>).</strong>  <strong>Uber has set out plans to launch a flying taxi service by 2023. The announcement came at a company conference in Los Angeles this week (<a href="https://www.ft.com/content/6a22efb0-540d-11e8-b3ee-41e0209208ec"><i>Financial Times, may be behind paywall</i></a>).</strong>
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<span style="font-weight: 400;">The company plans to produce thousands of short-range electric powered aircraft, which it says will be</span><span style="font-weight: 400;"> piloted by humans at first, but eventually fly autonomously (<em><a href="https://www.theverge.com/2018/5/8/17330524/uber-flying-car-elevate-prototype-la">The Verge</a></em>)</span><span style="font-weight: 400;">. And it is partnering with NASA </span><span style="font-weight: 400;">to create a new air traffic control system </span><span style="font-weight: 400;">(</span><a href="https://www.ft.com/content/6a22efb0-540d-11e8-b3ee-41e0209208ec"><i><span style="font-weight: 400;">Financial Times</span></i></a><span style="font-weight: 400;">).</span>  <span style="font-weight: 400;">The company plans to produce thousands of short-range, electric-powered aircraft, which it says will be</span><span style="font-weight: 400;"> piloted by humans at first, but eventually fly autonomously (<em><a href="https://www.theverge.com/2018/5/8/17330524/uber-flying-car-elevate-prototype-la">The Verge</a></em>)</span><span style="font-weight: 400;">. And it's partnering with NASA </span><span style="font-weight: 400;">to create a new air traffic control system </span><span style="font-weight: 400;">(</span><a href="https://www.ft.com/content/6a22efb0-540d-11e8-b3ee-41e0209208ec"><i><span style="font-weight: 400;">Financial Times</span></i></a><span style="font-weight: 400;">).</span>
<a href="https://www.ft.com/content/6a22efb0-540d-11e8-b3ee-41e0209208ec"><span style="font-weight: 400;">The cab and food delivery company also announced </span></a><span style="font-weight: 400;">it’s</span><span style="font-weight: 400;"> re-opening its contest to find an international city to launch one of its flying cab services in, <a href="https://uk.reuters.com/article/us-uber-elevate/uber-opens-up-international-contest-for-a-third-flying-taxi-city-idUKKBN1IA2TQ">after delays in Dubai</a>.  It announced Dallas and Los Angeles would be its first launch cities at last year’s annual conference.</span>  <a href="https://www.ft.com/content/6a22efb0-540d-11e8-b3ee-41e0209208ec"><span style="font-weight: 400;">The taxi and food-delivery company also announced </span></a><span style="font-weight: 400;">it’s</span><span style="font-weight: 400;"> re-opening a contest to find an international city in which to launch one of its flying cab services, <a href="https://uk.reuters.com/article/us-uber-elevate/uber-opens-up-international-contest-for-a-third-flying-taxi-city-idUKKBN1IA2TQ">after delays in Dubai</a>. At last year’s annual company conference, Uber said Dallas and Los Angeles would be its first launch cities in the United States.</span>
<span style="font-weight: 400;">According to <a href="https://www.ft.com/content/6a22efb0-540d-11e8-b3ee-41e0209208ec"><em>The Financial Times,</em></a> some industry members believe that Uber's </span><span style="font-weight: 400;">ride-sharing in the skies plan</span><span style="font-weight: 400;"> is just a way of boosting its valuation if it goes on the stock market, or a way of distracting from bad PR over the last year and a half. </span>  
  <span style="font-weight: 400;">According to <a href="https://www.ft.com/content/6a22efb0-540d-11e8-b3ee-41e0209208ec"><em>The Financial Times,</em></a> some industry members believe Uber's </span><span style="font-weight: 400;">ride-sharing-in-the-skies plan</span><span style="font-weight: 400;"> is just a way of boosting its potential stock valuation – an <a href="https://www.nasdaq.com/article/ubers-road-to-ipo-will-it-live-up-to-the-hype-cm889214">Uber IPO</a> is possible in 2019 (<em>NASDAQ</em>) – or a way of distracting from <a href="https://www.bloomberg.com/news/articles/2018-01-16/why-uber-needs-to-take-the-high-road-to-an-ipo-quicktake-q-a">poor PR</a> (<em>Bloomberg</em>) over the past year and a half. </span>
<span style="font-weight: 400;">Uber first introduced its plan</span><span style="font-weight: 400;"> for flying taxis in 2016 (<em><a href="https://www.theverge.com/2018/5/8/17330524/uber-flying-car-elevate-prototype-la">The Verge</a></em>) and<a href="https://uk.reuters.com/article/us-uber-elevate/uber-opens-up-international-contest-for-a-third-flying-taxi-city-idUKKBN1IA2TQ"> says</a> it will </span><span style="font-weight: 400;">launch demonstrator flights in 2020.</span>  <span style="font-weight: 400;">Uber introduced its plan</span><span style="font-weight: 400;"> for flying taxis in 2016 (<em><a href="https://www.theverge.com/2018/5/8/17330524/uber-flying-car-elevate-prototype-la">The Verge</a></em>) and<a href="https://uk.reuters.com/article/us-uber-elevate/uber-opens-up-international-contest-for-a-third-flying-taxi-city-idUKKBN1IA2TQ"> says</a> it will </span><span style="font-weight: 400;">launch demonstrator flights in 2020.</span>
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<span style="font-weight: 400;">At least 19 companies have plans for flying-cars, including manufacturers </span><span style="font-weight: 400;">Boeing</span><span style="font-weight: 400;"> and </span><span style="font-weight: 400;">Airbus</span><span style="font-weight: 400;">, and </span><span style="font-weight: 400;">Kitty Hawk</span><span style="font-weight: 400;">, owned by Google co founder Larry Page (<em><a href="https://www.theverge.com/2018/5/8/17330524/uber-flying-car-elevate-prototype-la">The Verge</a></em>).</span>  <span style="font-weight: 400;">At least 19 companies have plans for flying cars, including </span><span style="font-weight: 400;">Boeing,</span><span style="font-weight: 400;"> </span><span style="font-weight: 400;">Airbus</span><span style="font-weight: 400;">, and </span><span style="font-weight: 400;">Kitty Hawk</span><span style="font-weight: 400;">, owned by Google co-founder Larry Page (<em><a href="https://www.theverge.com/2018/5/8/17330524/uber-flying-car-elevate-prototype-la">The Verge</a></em>).</span>
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Technology Automobiles, Aviation, Business, Culture, Economics, Finance, Markets, Media, North America, Science, Technology, United Arab Emirates, United States
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emerging  
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Airbus, Boeing, Dubai, flying cabs, flying cars, flying taxis, Kitty Hawk, Uber Airbus, Boeing, Dubai, flying cabs, flying cars, flying taxis, Kitty Hawk, Uber
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