Advanced Air Mobility (AAM) represents one of the most exciting frontiers in modern aviation. Combining innovative aircraft designs with a vision to address transportation challenges, AAM encompasses both Urban Air Mobility (UAM) and Regional Air Mobility (RAM). As urban centres grow and the need for efficient intercity transportation rises, AAM is poised to play a significant role in reshaping our transportation landscape.
According to a recent analysis by McKinsey, the total market size for AAM is projected to be a staggering $300 Billion by 2023. This robust figure envelops both UAM, which primarily focuses on urban areas, and RAM, which aims at the regional transportation segment.
Regional Air Mobility (RAM) Projections
While the broader AAM market is expansive, McKinsey pinpoints the total addressable market for the passenger RAM sector to reach an impressive $115 Billion by 2035. This forecast underscores the enormous potential and demand for efficient, quick, and sustainable regional travel solutions. To meet this demand, it is estimated that more than 18,000 new aircraft or retrofitted versions would be necessitated, even in the most conservative of scenarios.
The Albatross Advantage
In this rapidly burgeoning market, Albatross has carved a distinctive niche for itself. It stands unparalleled; enhancing the Albatross (the world’s only FAA certified transport-ready Regional Air Mobility Aircraft) puts Albatross 2.0 ahead of the curve and reinforces the commitment to safety, efficiency, and innovation.
Have a question? Hit that contact button below and reach out.