American Airlines Orders Up To 350 Electric Air Taxis, Invests In Urban Air Mobility

Americans would sooner invest in impractical solutions like this than something as viable as mass transit lol

I feel attacked lmao

Lufthansa is flying 747-8s and A350s intra-europe this summer.
https://www.aerotelegraph.com/lufthansa-schickt-boeing-747-8-mit-first-class-nach-mallorca

The airlines have billions in unused capital from the gov bailouts in the grand scheme of things $25 million is a joke for AA, I can Guarantee you had AA been borrowing loans during COVID they’d not be making such “investments” and this is a prime example of how blank check bailouts lead to more fiscal negligence that the taxpayers pay for

Lucky, you know how much money eBay has made over the years investing in companies outside its core auction business? After an initial hit on a partial Skype sale, the percentage it retained eventually netted eBay over $1 billion when they finally sold it. They bought PayPal for $1.5 billion and I don't even know how many billions eBay made when they sold PayPal. I believe there are a couple other transactions like that for eBay.

Obviously no guarantee this will work out for United or American, but it's simple risk/reward. If these technologies/products explode eventually they can make a fortune on their investment, to the extent United and American own equity in those companies. Or American might as well kiss that $25 million goodbye. Who knows. Stop sounding like a Luddite!

Could work if they bundle services in areas with horrible traffic like LA or in remote places without an airport.

This belongs in the trash. How about that first class emirates review Ben ?

Virgin Atlantic has also announced a partnership with them

You can cherry pick winners all day long. Every 1 winner there are thousands more bad investments you never even heard of, for a reason.

If you had invest $100,000 each.
You could have invested in Amazon 25 years ago. Today will be $1.8 billion
You could have said yes when some VC introduced you to Mark Zuckerberg. Today will be $10 billions.
You could have kept 1,200,000 Bitcoins from 2010. 3 months ago it would have been $78 billion.

You would be in the top 10 billionaire.
Are you?
Or you're a Luddite too.

I drive a plug-in hybrid car but have no illusions about the fact that most US electricity is produced with carbon fuel or huge hydro plants. Yes, there are reduced emissions in electric mode but that is small in comparison. Now if we had more nuclear energy that would be a game changer.

The videos for these air taxis always have the most beautiful music, no real life audio to be heard, because well they're loud af.

Literally zero chance of these ever becoming common in any US city, the only cities with a chance are those in a country where the ultra rich rule and the everyday citizen has no voice. i.e. UAE, Saudi Arabia.

The noise comes from the propellers not the motors so it's impossible to reduce much. Just imagine the sound of 10s or 100s of these flying overhead.. It'd be like helicopters going past constantly all day.

Gosh you're dumb. Try rereading what I wrote. American can lose that $25 million, absolutely. Or more if they keep investing. Doesn't make the investment, or any of the other "losers" you mention, a bad idea by default.

Why

LMAO....

Gosh you're dumb. Try rereading what I wrote. You can make that $100 billion, absolutely. Or more if you keep investing. Doesn't make the investment, or any of the other "winners" you mention, a good idea by default.

Too oafish reply. My advice to you always "Plead the Fifth Amendment"
Everything you said was used against you.

Well this ought to be really unpleasant for anyone living in the taxi flight paths.

Agreed 100%. A fantasy of the 0.0001% that's entirely unsustainable, commercially or environmentally - not to mention in terms of public safety - at any meaningful scale beyond that.

Another Silicon Valley-led money pit, although not as big as the increasingly evident autonomous vehicle fiasco.