Could flying around in an aircraft one day be cheaper than owning your own car? Uber thinks so.

The ride-sharing giant says it hopes for Uber Elevate, its new “on demand air transportation” system — basically flying cars — to get to the point where it becomes cheaper than car ownership.

Uber Elevate will use vertical take-off and landing aircrafts, or VTOLs, to deliver commuters to their destination much in the same way a regular Uber does. 

Except you know — in the air.

The company is aiming for the service to be real and mainstream in the next ten years. Read more…

More about Transportation, Vtol, Ride Sharing, Uber Elevate, and Uber

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