Airbus Voom subsidiary closes amid COVID-19 pandemic; history - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Airbus' on-demand helicopter travel startup shuttered amid the pandemic. Take a look at the rise and fall of Voom.

Airbus-backed helicopter startup Voom is ceasing operations due to the impact of COVID-19 on the business.

Voom was founded in 2016 from Airbus' Silicon Valley incubator Acubed with flights launching in Sao Paulo, Brazil in 2017, later expanding to Mexico City and San Francisco. Intra-city helicopter flights were booked via the company's mobile app or website with Voom flying over 15,000 passengers and collecting valuable data for Airbus on urban air mobility during its tenure.After four years of operations, Voom closed its doors on March 23 with CEO Clement Monnet citing the COVID-19 virus as the primary cause of its demise.

"On March 23, we were forced to cease global operations due to the virus, and today, with our Airbus leadership, we have made the tough call that Voom will not resume its operations," Monnet said in aVoom successfully brought app-based ride-hailing to the skies by offering on-demand helicopter service in three major cities that could be booked from a mobile phone.

Though the business will be no more, Monnet and Airbus say that they've proved urban air mobility to be viable and the latter will continue to invest in making robust intra-city networks viable using helicopters and future vertical take-off and land aircraft.Voom launched helicopter operations in São Paulo, Brazil in 2017.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ain’t no pandemic, they took there money out of the stock market, y’all rather kill theses people because their is nothing hear 👂🏾 for them! Y’all are trying to make it a socialist and communist country! 🤔

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines