Flying taxi takes off in Paris

An eco-friendly airborne taxi from the not-too-distant future is wowing the crowds at the Paris Air Show, which kicked off on Monday in a suburb of the French capital.

German company Volocopter produced the two-seater aircraft, which runs on rechargeable batteries, boasts 18 propellers and flies at speeds of up to 110 kilometers per hour.

Officials at Volocopter hope to put their creation into commercial use next year.

Officials demonstrated the vehicle's stability in a short flight.

They plan to launch the world's first flying taxi service at the 2024 Paris Olympics.

About 2,500 businesses from 55 countries and regions are taking part in the Paris Air Show.

Race heats up

"Flying cars" are no longer the stuff of science-fiction. Competition is heating up among manufacturers around the world.

Japanese venture firm SkyDrive successfully tested a manned flying vehicle for the first time in 2020.

The company is now involved in a flying shuttle service to launch at the Expo 2025 in Osaka.

SkyDrive successfully tested a manned flying vehicle for the first time in 2020.

Major Japanese airliner ANA Holdings and US venture firm Joby Aviation are also taking part in the project.

They've been jointly developing a five-seat aircraft that can take off and land vertically like a drone.

Officials at a Japanese research institute expect the industry will be worth about 847 billion dollars two years from now.

Flight in Okinawa breaks new ground

Last week, a group of Japanese companies successfully tested a "flying car" in a remote part of Okinawa Prefecture.

Their efforts led to what they say is the first "island-hopping" flight of its kind in Japan.

The vehicle, which was developed by a Chinese manufacturer, travelled about two kilometers between Iheya island and Noho island.

The companies eventually plan to use flying cars to connect Okinawa's remote areas with the main island.

A group of Japanese companies held an "island-hopping" test flight on July 13.