Lack of partners puts air taxi launch on hold

Lift-off delayed: A Volocopter 2X during a demonstration in New York. Volocopter hopes to debut its technology officially in Singapore. — AP

SINGAPORE: The launch of Volocopter’s air taxi operations in Singapore has been put on hold indefinitely, as the pioneer in flying taxis could not secure local partners who can share the burden of funding the technology involved.

Volocopter told The Straits Times: “We are therefore revising our Singapore launch strategy and timeline.