How Much Will It Cost to Fly on eVTOL Air Taxis?

Electric vertical takeoff and landing aircraft are years away from entering service, but the discussion is already under way about passenger prices.

Thom Patterson

Friday, October 22, 2021 at 12:32 PM ET

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Key Takeaways:

While eVTOL air taxi companies project passenger fares ranging from $2.25 to $11 per mile, aviation experts largely view these estimates as optimistic and question their realism.
The actual cost to passengers will be significantly influenced by factors such as comprehensive "end-to-end" pricing (including ground transport and vertiport access), the high cost of aircraft requiring maximum utilization, and the expenses associated with pilot training.
Experts express skepticism about the viability of the on-demand rideshare model for expensive eVTOLs, predicting that many companies will fail and that the service will likely cater to a niche, high-end market, similar to existing helicopter air taxis.

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Electric vertical takeoff and landing (eVTOL) air taxis are years from being commercially available, but that’s not keeping people from asking: How much will passengers be asked to pay to fly on these new aircraft?

Altogether, investors have been betting billions of dollars on eVTOL companies like Joby Aviation, Lilium, Volocopter and others that are promising to build an entirely new form of convenient, safe, and environmentally friendly urban transportation.