Uber CEO sees commercialisation of flying taxis in 5-10 years


FE Team | Published: February 20, 2018 13:14:25 | Updated: February 23, 2018 11:16:33


Dara Khosrowshahi, Chief Executive Officer of Uber Technologies, looks on as he attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 23, 2018. Reuters/File Photo

Uber Technologies Inc Chief Executive Officer Dara Khosrowshahi said on Tuesday he can visualise commercialisation of the Uber Air flying taxi service happening within five to 10 years.

The US ride-hailing app maker has said it expects flying vehicles to eventually become an affordable method of mass transportation in the coming future.

Khosrowshahi was speaking at an investor forum in Tokyo on his first visit to Asia as Uber CEO, reports Reuters.

Ride-hailing firms such as Uber see populous Japan as a potentially lucrative market and are pressing regulators to ease stringent rules governing the taxi industry.

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