Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Business

    Flying cars airport of the future to land in England

    Published by linker 5

    Posted on January 30, 2021

    Featured image for article about Business

    LONDON (Reuters) – An airport for flying cars will thrust the English city of Coventry into the future later this year, with a project aimed at demonstrating how air taxis will work in urban centres.

    Urban-Air Port, a British-based start-up, has partnered with car giant Hyundai Motor to develop the infrastructure required for when flying cars take to the skies to ferry around people and goods.

    From November, visitors to Coventry will be able to see what a flying car airport looks like and see a passenger-carrying drone and an operational electric vertical take-off and landing (eVTOL) vehicle on the landing pad.

    Urban-Air Port was selected by a government programme aimed at developing zero-emission flying and new air vehicles, winning a 1.2-million-pound ($1.65-million) grant to help fund the temporary installation of the airport in Coventry city centre.

    “With UK government backing and Hyundai Motor Group’s backing we’ll be realising the first fully operational airport in the world,” Urban Air-Port founder and executive chairman Ricky Sandhu told Reuters on Friday.

    While there has been progress on developing flying cars, Sandhu said the infrastructure was the missing piece.

    “You can’t get off the train or get on the train unless you get to the train station so that supporting ground infrastructure is absolutely key,” he said.

     

    (Reporting by Ben Makori and Sarah Young; Editing by Janet Lawrence)

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe