Flying taxis of the future look like toys come to life

Flying taxis, once the purview of science-fiction films such as The Fifth Element, might soon be a staple of urban transport, like better batteries and innovative designs make it cheaper, cleaner, and quieter to travel short distances by air. Citigroup thinks sales of air taxis could reach $5 billion a year by the end of the next decade.

Two companies came to Singapore this week to share their vision during the Intelligent Transport Systems World Congress. U.K.-based Skyports Ltd. built a model flying taxi station, while Germany’s Volocopter GmbH gave a demonstration flight of its electric vehicle.

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