Aviation Business: Anshu Vats On Urban Air Mobility In The Middle East
November 21, 2020
The Middle East and the UAE in particular are positioned to become the global capitals of urban air mobility.
Cities in the Middle East need air mobility, mass mobility, rapid mobility, all the modern modes of mobility to work together to help people commute to economic activity, leisure and pleasure. What we have here is a market that relies on mobility for economic activity, whether its passengers or supply chain. It relies on – very uniquely – multiple forms of mobility. This is one of those regions where about 90% of our imports come in through the seaports and from there they use land and air transport to distribute it and from there it goes through further modular land transport to get to you. We have one of the very few regions where patient investment capital exists and that leads to long-term economic impact. There are investors that are willing to put money in for the long-term; that is quite rare at the moment.
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Access the full interview on why the Middle East is one of the best hopes for Urban Air Mobility (Pages 26 and 27) here.
Another version of this interview can be read here.