The future of flying is accessible for all
For many people, the idea of flying an aircraft seems like an impossible dream and even if…
By Captain Rangaraja Iyengar, executive chairman, Aerodyne Aircraft Manufacturing Ltd
For many people, the idea of flying an aircraft seems like an impossible dream and even if it is possible, still requires a significant investment of time, money and resources. This, in turn, feeds the common misconception that becoming a pilot is an unattainable goal that it is for the elite, the wealthy and the dedicated.
When most people think of piloting an aircraft, they think about airplanes and helicopters that cover long distances and travel between major international airports. Now, a new and rapidly evolving air transportation system, advanced air mobility (AAM), is poised to potentially change air transportation as we know it.
AAM aims to offer safe and accessible air travel in rural and urban areas for passengers and cargo between locations that existing ground transportation or aviation models do not serve. This mode of transport includes urban air taxis, air ambulances and cargo delivery services which could help reduce traffic congestion, provide needed emergency services, and deliver goods quickly. AAM aircraft utilize electrical vertical take-off and landing (eVTOL) and are piloted for maximum safety. eVTOL aircraft do not require airports or runways to operate, making this transportation mode more accessible and convenient.
A growing market
Already, AAM has begun to ‘take off’, garnering interest in the media, technology and investment communities. Deloitte reports over S$2.73bn ($2bn) has been invested globally in developing AAM aircraft and the annual market will reach S$2.05tn ($1.5tn) by 2040, according to Morgan Stanley.
Several factors are driving this growth, including a rising demand for new and sustainable transportation options, particularly in congested cities and underserved areas, as AAM aircraft produce fewer emissions than traditional modes of transportation. AAM aircraft can be powered by electric motors, hybrid electric systems or hydrogen fuel cells. As these technologies continue to evolve, they will fuel further opportunity and growth.
An important differentiator for AAM aspiring pilots is the ability to make their dreams a reality in a matter of weeks with the right training. AAM aircraft are designed to be easy to fly and can be accomplished for those willing to invest the time and financial resources to do so.
Factors for change
But still there is work to be done. To democratize aviation and make piloting as easy as driving a car, here are three key factors that need to change:
- Perceptions: The barriers to flying are not as insurmountable as one may think and require a shift in mindset that it is not beyond reach. Many people may be sceptical about the benefits of AAM aircraft and the future of mobility. As such, education is essential for creating acceptance and understanding related to how AAM makes flying more accessible and safer for everyone. This will not happen overnight. Think back to when electric cars were first introduced. EVs were initially met with scepticism, yet now it is quite commonplace to see electric or hybrid vehicles sharing the road with internal combustion engine vehicles.
- Pricing: Currently, the lowest-priced aircraft is approximately S$819,000 ($600,000). In addition to that, one needs to complete pilot training – consisting of flight and ground training – and this requires an investment of time and capital. As AAM technology continues to develop and the industry grows, this will lead to economies of scale and reduced costs, making it more accessible and affordable to produce AAM aircraft and train pilots.
- Permissions: As the industry is in its early stages of development, the rules and regulations are still evolving. The industry is working with government agencies to develop comprehensive regulations to support the safe and efficient operations of AAM aircraft. This includes streamlining the certification process for aircraft, adapting air traffic control procedures and standardizing licensing requirements across jurisdictions.
To mix metaphors, they say a rising tide lifts all boats. Put in aviation parlance, AAM’s upward trajectory holds a similar promise – to positively transform the transport of people and products. And the sky’s the limit.
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