Perspectives on advanced air mobility

McKinsey & Company explores the emerging advanced air mobility industry, focusing on passenger urban and regional air transportation. The report examines the development of electric vertical takeoff and landing aircraft, market opportunities, challenges, and the ecosystem required to enable this transformative transportation technology in urban environments.

This white paper "Perspectives on advanced air mobility" by McKinsey & Company provides comprehensive insights into the rapidly evolving advanced air mobility (AAM) sector, which promises to revolutionize urban and regional passenger transportation. The document explores the emergence of electric vertical takeoff and landing (eVTOL) aircraft and their potential to address urban congestion and connectivity challenges.

The report examines the technological advancements driving the AAM industry, including battery technology improvements, autonomous flight systems, and innovative aircraft designs. It analyzes the market opportunity, highlighting potential use cases ranging from airport shuttles and intercity transportation to emergency medical services and cargo delivery. McKinsey identifies key factors that will determine market success, including regulatory frameworks, infrastructure development, and public acceptance.

The white paper discusses the complex ecosystem required to support AAM operations, encompassing vertiports, air traffic management systems, and maintenance facilities. It addresses critical challenges facing the industry, such as certification processes, safety standards, and the need for substantial capital investment.

The document also explores the competitive landscape, profiling various industry players from established aerospace companies to innovative startups.

McKinsey provides strategic insights for stakeholders considering entry into the AAM market, including manufacturers, operators, infrastructure providers, and investors. The report emphasizes the importance of collaboration between public and private sectors to create enabling environments for AAM deployment. It concludes by outlining potential timelines for commercial operations and discussing the transformative impact AAM could have on urban mobility, economic development, and sustainability goals. This white paper serves as an essential guide for understanding the opportunities and challenges in the advanced air mobility sector.