Unlocking the Potential: How Flying Taxis Will Shape the Future of Transportation

Palanichamy Naveen (), Mary Posonia Antony, Balaji Venkatesalu Ramasamy, Dipak Kumar Sah and Rajagopal Maheswar ()
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Palanichamy Naveen: Department of Electrical and Electronics Engineering, Centre for IoT and AI (CITI), KPR Institute of Engineering and Technology, Coimbatore 641407, Tamil Nadu, India
Mary Posonia Antony: Department of Computer Science and Engineering, Sathyabama Institute of Science and Technology, Chennai 600119, Tamil Nadu, India
Balaji Venkatesalu Ramasamy: Department of Electronics and Communication Engineering, Sri Krishna College of Engineering and Technology, Coimbatore 641008, Tamil Nadu, India
Dipak Kumar Sah: Department of Computer Engineering and Applications, GLA University, Mathura 281406, Uttar Pradesh, India
Rajagopal Maheswar: Department of Electronics and Communication Engineering, Centre for IoT and AI (CITI), KPR Institute of Engineering and Technology, Coimbatore 641407, Tamil Nadu, India

Sustainability, 2024, vol. 16, issue 24, 1-56

Abstract: The advent of flying taxis, also known as vertical take-off and landing (VTOL) aircraft, presents a revolutionary approach to urban transportation by offering faster, more flexible, and less congested travel options. This research aims to explore the potential impact of flying taxis on urban transportation systems, focusing on their implementation, regulation, and benefits across various industries. This study investigates the role of government in monitoring and regulating flying taxis to ensure safety and compliance with regulations, addressing key considerations such as licensing, air traffic control, safety standards, insurance requirements, and privacy concerns. Through a comprehensive review of the existing literature and case studies, this paper presents the advantages of flying taxis, including time savings, accessibility to remote areas, reduced traffic congestion, and enhanced travel experiences. Additionally, the economic benefits of manufacturing flying taxis, such as job creation and technological advancements, are discussed. The findings suggest that flying taxis have significant potential to transform urban transportation, but their adoption requires collaboration among stakeholders, robust regulatory frameworks, and substantial infrastructure investments. The conclusions highlight the practical application value of flying taxis in promoting sustainable urban mobility and driving innovation in transportation.

Keywords: flying taxis; government regulations; manufacturing; market analysis (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
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