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Uber lays out vision for flying commuter transit
by Staff Writers
San Francisco (AFP) Oct 28, 2016


China's big three airlines see Q3 profits surge
Shanghai (AFP) Oct 28, 2016 - China's three biggest airlines all reported surging net profits in the third quarter, statements showed, as the country's economy stablises.

Net profit for China Southern, Asia's biggest airline by fleet size, leaped to 3.31 billion yuan ($425.1 million) in the three months to September, nearly three times the 1.18 billion yuan made in the same period last year, it said in statement to the Hong Kong exchange on Friday.

Increasing demand for air travel among China's growing middle class is expected to make it the world's biggest aircraft market in the coming years, and its airlines have benefited from low fuel prices.

China's economic growth was stable at 6.7 percent in the third quarter, according to official figures, the same as the previous two.

The country's two other big airlines also reported soaring profits in the period.

Shanghai-based China Eastern Airlines said in an exchange statement its net profit almost doubled year-on-year to 3.46 billion yuan.

The country's flag carrier, Air China, said that its third-quarter net profit jumped 61.69 percent year-on-year to 3.77 billion yuan.

Uber on Thursday laid out a vision for on-demand aircraft that can whisk commuters to home or work in a fraction of the time it would take on the road.

The ride-sharing giant assessed the feasibility of what it called "vertical take-off and landing" vehicles in a 98-page white paper, inviting innovators and entrepreneurs to take flight with the idea.

San Francisco-based Uber said it will be reaching out to cities, manufacturers and others about the concept.

"Just as skyscrapers allowed cities to use limited land more efficiently, urban air transportation will use three-dimensional airspace to alleviate transportation congestion on the ground," said the white paper, authored by Uber chief product officer Jeff Holden and product manager Nikhil Goel.

"A network of small, electric aircraft that take off and land vertically will enable rapid, reliable transportation between suburbs and cities and, ultimately, within cities."

Diagrams in the paper showed aircraft bodies of various designs with propellers that can rotate to allow for vertical lift-off or landing, then move into position for flying forward.

Recent advances in technology have made it practical to build "vertical take-off and landing," or VTOL, vehicles, according to the paper.

More than a dozen companies taking varied design approaches are working on these types of aircraft, according to the Uber team.

Since VTOL aircraft would be powered by electricity, they would be non-polluting and quiet, the paper said.

Auto-pilot capabilities could be built into the aircraft to reduce the potential for human mistakes, and they could recharge at landing pads atop buildings, at existing helipads, or at stations built on unused land, according to the vision presented in the paper.

However, challenges include making the aircraft affordable and reliable, training pilots, getting the approval of regulators, and making lightweight batteries.

"The greatest operational barrier to deploying a VTOL fleet in cities is a lack of sufficient locations to place landing pads," Holden said.

"Even if VTOLs were certified to fly today, cities simply don't have the necessary takeoff and landing sites for the vehicles to operate at fleet scale."


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