Private aviation leader Jetex and eVTOL pioneer Volocopter have signed a strategic partnership agreement to deploy and operate permanent, economically sustainable, and integrated urban air mobility (UAM) taxi take-off and landing infrastructure and services for passenger transportation.

The need for more affordable, rapid and sustainable travel are driving this trend forward, with both companies aiming to launch operations from 2024.

Miami, Singapore and Paris are the priority markets where Jetex has already established its presence and where sustainable air taxi operations are being mapped for passenger transportation. 

Jetex and Volocopter are researching the most popular routes in these markets to ensure seamless connectivity as well as organic integration with the existing airport infrastructure.

Jetex founder and CEO Adel Mardini said: “Today, we define the framework for the future of the UAM market, which is projected to grow from $2.6 billion in 2020 to $9.1 billion by 2030, and we are proud to work with our partners at Volocopter on making this vision a reality.”

Since 2011, Volocopter has been making significant strides toward bringing commercial air taxi services to cities around the world, having conducted crewed flights over the skies of Paris, the United States, and Singapore, where it unveiled its first full-scale air taxi vertiport in Marina Bay back in 2019.

Volocopter chief commercial officer Christian Bauer added: “Signing this MOU with Jetex is an important first step toward a strategic collaboration to deploy sustainable and integrated UAM operations as well as passenger services.”

With Jetex lending its private aviation know-how, both companies say they look forward to unveiling the future of end-to-end air travel experience in key markets around the world, that will be safe, sustainable and convenient. 

In July 2021, Volocopter and Skyports combined their expertise to conduct a feasibility study with Malaysia Airports to examine vertiport solutions and consider factors such as customer flow, demand and how urban air mobility operations will be integrated.

The Asia-Pacific region is estimated to have about 45 per cent of the advanced air mobility market by 2035, which equates to $9.5 billion USD.

Before that in April 2021, a full-size model of Volocopter’s 2X eVTOL air taxi went on display in China for the first time at Geely’s booth at the Shanghai International Automobile Industry Exhibition.