Flying Cars And Taxis Deposits

The days of a Jetsons-like society zipping around in flying cars is still a long, long way away, but United Airlines is making a $10 million bet on flying cars.

The carrier has put down a deposit for 200 four-passenger flying taxis from Archer Aviation, a San Francisco-based startup working on the aircraft/auto hybrid.

American Airlines, last year, announced it would invest $25 million in a separate electric aircraft company.

The vision for these aircraft as they will transport customers around cities to hub airports, letting people bypass crowded highways & make more efficient use of time.

Because they’re electric craft, they would also reduce carbon emissions.

The FAA, though, is still determining how to integrate them with existing flight patterns and requirements for pilots.

Archer expects certification to occur by the end of 2024.