Exploring the Economic Feasibility of Advanced Air Mobility in the Early Stages

Jingqiu Guo, Long Chen, Lingxi Li, Xiaoxiang Na, Ljubo B. Vlacic, Fei-Yue Wang

Abstract: Advanced Air Mobility (AAM) envisages a sustainable, safe, convenient, and affordable air transport system. In socio-technical transition of AAM, there are a number of trade-offs in ecosystem that need to be studied. Three perspectives on economic feasibility are explored: first, based on history of VTOL services and value of time estimates, we discuss whether AAM can provide customers with competitive mobility services; second, what are the stakeholders’ insights on the deployment of AAM; last, the experience in the development of autonomous driving technology, such as parallel intelligence, can inform future AAM research.