United Airlines plans to buy up to 500 electric flying taxis
This isn't the first time United has reached an agreement with an eVTOL company. Last month, it put down a $10 million deposit with a different California-based one for 100 flying taxis. As such, the company has lined up as many as 500 flying taxis to add to its fleet.
United has set up a corporate venture fund with the aim of bolstering its ambition to reach net zero emissions by 2050 without relying on traditional carbon offsets. Through the United Airlines Ventures fund, it has also invested in hydrogen fuel cell engines and"Today, United is making history again, by becoming the first major airline to publicly invest in two eVTOL companies," United Airlines Ventures president Michael Leskinen said in a statement.
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