Air-Taxi Startup Volocopter Boosts Funds in Race to Get Flying

Volocopter plans to start commercial operations in Singapore by 2023, with tickets for 15-minute tourist flights already on sale for 300 euros. The U.S. Federal Aviation Administration is also considering a type-certification application, opening up the possibility of flights in cities such as Los Angeles, New York, San Francisco and Washington in the next two to three years.