Airbus is also independently developing an AAV in an effort to ease congestion by taking daily commuting to the sky. As Airbus gets closer to its first test flight, the company has stated that a ride in their vehicle will be as cheap as taking a taxi per mile. Airbus is also the first company to release an expected price for its service, estimating costs between $1.50 and $2.50 per mile.
The electric aircraft, called Project Vahana, will also fly autonomously. Airbus’ first prototype is said to have a range of 50 kilometers; however, the final version, which is set to hit the market in 2020, will be capable of achieving a distance of 100 kilometers.