A small fleet of electric flying taxis is planned to be launched in the Paris region. They can do this on several routes when the 2024 Olympic and Paralympic Games will be held here next summer. Associated Press writes about it.

If China’s aviation regulators do not overtake Paris in giving the green light to a two-passenger driverless taxi, a would-be operator in the French capital, Germany’s Volocopter, could become the first to launch commercial taxis if European regulators give the go-ahead.

Volocopter CEO Dirk Hoke, a former top manager of the aerospace giant Airbus, sees French President Emmanuel Macron as the first passenger in Paris.

“That would be super amazing,” Hoke said. “He believes in the innovation of urban air mobility…That would be a strong sign for Europe to see the president flying.”

For its part, Archer Aviation Inc. is expected to begin such flights between midtown Manhattan and Newark Liberty Airport in 2025. It is said here that a 4-passenger prototype will be able to cover this distance in less than 10 minutes.

Archer Aviation Inc also says the 2028 Olympics in Los Angeles is another goal for the industry to show it can transport growing numbers of passengers safely, environmentally and affordably. Here, by 2028, hundreds, if not thousands, of electric vertical take-off and landing aircraft are expected to be created.

Meanwhile, Morgan Stanley analysts estimate the industry could be worth $1 trillion by 2040 and $9 trillion by 2050 with the development of battery and propulsion technologies.

By the way, California-based aerospace company Stratolaunch recently announced the latest successful test of its Roc aircraft, which launched a test version of the Talon-A hypersonic aircraft in flight.