Urban air mobility for the masses is not expected to take off for several years, but once it does it could become a multibillion-dollar enterprise that upends traditional aviation companies, say new consultant studies on electric vertical takeoff and landing (eVTOL) aircraft. “Overall, the market for intracity passenger eVTOLs in the US is projected to grow from $1 billion in 2025 to $13.8 billion in 2040, so the opportunity is significant,” Deloitte’s global aerospace and ...

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