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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.

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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