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THE BROAD VIEW

Why you won't be flying in a taxi anytime soon

Basic achievements on regulatory and technical grounds must occur first, before the idea can work.

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In the long term, Mr Holden said, the cost of flying by VTOL will become lower than the "variable costs" of owning a car, including such expenses as insurance, maintenance, tolls and fuel.

THE idea is certainly audacious: Thwart traffic in congested cities by flying over it. Quick, quiet, clean, cheap.

This concept - which requires a new type of battery-powered vertical takeoff and landing vehicle (VTOL) - is Silicon Valley to its core in terms of self-liberation and

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