US, South Korea to partner on advanced air mobility development

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US, South Korea to partner on advanced air mobility development
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The US Federal Aviation Administration said on Saturday it had agreed to partner with the Korea Office of Civil Aviation future Advanced Air Mobility aircraft development and operations.

The South Korean and American flags fly next to each other at Yongin, South Korea, August 23, 2016. The US Federal Aviation Administration has partnered with the Korea Office of Civil Aviation for future Advanced Air Mobility aircraft development and operations. Courtesy Ken Scar/US Army/Handout via REUTERS/File Photo

The two nations signed a declaration to collaborate and share information on advanced air mobility projects and work together to promote the safety oversight of advanced air mobility projects, the US regulator said. The announcement comes as companies around the world are racing to develop and eventually win regulatory approval to deploy low-altitude air taxis known as electric vertical takeoff and landing aircraft .

Airlines and others are looking at developing transport services using battery-powered aircraft that can take off and land vertically to ferry travelers to airports or on short trips between cities, allowing them to beat traffic.

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