By Maija Palmer, March 14th 2019

It is 2025 and midtown Manhattan is snarled with traffic. But the 19km journey to JFK airport — normally about an hour by road — takes just five minutes in an electric flying taxi and costs roughly $50. This is not from an episode of The Jetsons. It is the vision that Lilium, a Munich-based start-up, is working towards bringing to the public within six years. The company, founded in 2015 by four engineering students, is developing vertical take-off and landing (VTOL) jets for a fleet of flying taxis that will be as easy to book as an Uber car. “We’re not intending to make it a luxury product that only the rich can afford. We want to make it a service that everyone can use,” says Remo Gerber, Lilium’s chief commercial officer. “It has to be affordable — it shouldn’t be just for the select few. We want it to be truly accessible.”

https://www.ft.com/content/e0b66e56-1364-11e9-a168-d45595ad076d