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Theses will be located in Dallas, and commencement work has been mooted for next year, says Holden. Uber is working with Hillwood Properties for the construction of four vertiports – VTOL hubs with multiple take-off and landing pads – with charging infrastructure.

Uber also thinks that it can bring the cost to the passenger down to US$1.32 (RM5.73) per passenger mile, with the aim of making it ‘economically irrational’ to drive a car on the ground, Holden said at the Uber Elevate summit. To that end, Uber has hired former NASA engineer Mark Moore for expertise in developing the flying cars, according to a Bloomberg report. Freed from the constraints of road networks, travelling by flying taxi could significantly reduce travel time, for example, from two hours between the San Francisco Marina and San Jose to 15 minutes, the company says. Uber’s flying taxis will be small electric aircraft with VTOL (vertical take-off and landing) capabilities, produce zero emissions and be quiet enough to operate in cities, the company says. Ride-sharing company Uber has set some very ambitious goals – it aims to set up a network of flying taxis in Dallas, Texas and in Dubai by 2020, according to Uber’s chief product officer Jeff Holden, as reported by Reuters.