Air Taxis to reach 430,000 globally by 2040

The influx of established aerospace, automotive and technology companies into the urban air mobility (UAM) market, backed by technological advancements and government initiatives, is expected to drive the air taxi market. According to research from Frost & Sullivan, Air taxi operations are forecast to commence in 2022 in the Middle East and grow at a compound annual growth rate (CAGR) of 45.9% to reach 430,000 […]