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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 685.66+0.2%Dec 5 4:00 PM EST
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To: GROUND ZERO™ who wrote (187483)7/7/2023 12:17:23 PM
From: nicewatch1 Recommendation

Recommended By
GROUND ZERO™

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Had to laugh when I read this. You can't seriously think anyone in civil aviation is getting nervous about a special certification to beta test this contraption?

As for the FAA working on policies for takeoff and landing in urban areas I'm not holding my breath. They are already decades behind in fully implementing the NextGen ATS: faa.gov And if you've been following the news you've likely heard or read about many near midair misses that are too close for comfort at major airports as most major ATC towers are understaffed. For VTOL in urban areas, flying cars will likely just use existing heliports and if not enough currently exist at ground level then spaces will have to be designated/created. But that is many years away if ever, imo.

Rather than go through the list of failed flying cars over the years, the main obstacle overlooked is that all of them still require a private pilot license from the FAA to operate. Obtaining one takes time and money, as well as continuing aircraft inspections and medical examinations the total cost of which is beyond the reach of most people even if they wanted to be pilots. There's only around 600,000 private pilots in America currently.

I'm a bit more optimistic about commercial supersonic aviation returning by the end of the decade than I am about any type of flying car catching on anytime soon. There are several startups working on prototypes that hope to be certified this decade so maybe a decade from now is more realistic. I'm a bit foggy on all of the details this moment but think most aim to fly at Concorde max speed which was around Mach 2.0, maybe some a little faster. The big issue in development and testing is reducing the noise from sonic booms over populated areas compared to the Concorde. fwiw.
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