Uber wants to make flying cars cheaper than owning a regular one

Could flying around in an aircraft one day be cheaper than owning your own car? Uber thinks so.

The ride-sharing giant says it hopes for Uber Elevate, its new "on demand air transportation" system — basically flying cars — to get to the point where it becomes cheaper than car ownership.

Uber Elevate will use vertical take-off and landing aircrafts, or VTOLs, to deliver commuters to their destination much in the same way a regular Uber does. 

Except you know — in the air.

The company is aiming for the service to be real and mainstream in the next ten years. Read more...