The National Business Aviation Association (NBAA) unveiled this week at its annual Business Aviation Convention & Exhibition (NBAA-BACE), a new report detailing the financial and economic business case for Urban Air Mobility (UAM) and its benefits for business aviation users. The report, titled Business Aviation Embraces Electric Flight, How Urban Air Mobility Creates Enterprise Value, was a joint undertaking of NBAA and NEXA Advisors, LLC.
This report is a component of a larger study released in August 2019 – Urban Air Mobility (UAM) Economics and Global Markets 2020-2040 – which was a joint undertaking with NBAA, Aviation Week Network, and other respected industry groups. The study analyzed 74 cities around the world, forecasting the financial and economic business case for UAM. To determine the ability of metro areas to capitalize on the potential of electric Vertical Takeoff and Landing vehicles (eVTOLs), the study examined each city’s needs with regards to UAM, including infrastructure, regulation, GDP, congestion, current transportation networks and dozens of other factors.
UAM is being proven in cities today, and is expected to become an increasingly important part of our transportation system in the next several years with the introduction of eVTOL aircraft. These new, battery-powered rotorcraft, which will utilize an array of emerging advanced technologies, are expected to be quieter and safer than current helicopters. READ MORE (NBAA)