Macquarie Capital joins Uber Air as it builds the future of urban aviation

Macquarie Capital has been named a partner to Uber Air as the ride-sharing giant develops breakthrough air transportation services to launch globally in 2023. Uber Air will provide riders the option of affordable, shared commercial flights, aimed to ease ground traffic and congestion in major cities including Los Angeles, Dallas and Melbourne. Testing across pilot cities is slated to begin as early as next year.

To enable Uber Air’s operations, a network of Skyports is being planned to handle an unprecedented volume of air traffic, including an estimated 1,000 landings per hour. Greg Callman, Macquarie Capital’s Global Head of Energy Technology, said that Macquarie Capital would work with Uber Elevate on the development and electrification of the Skyports, as well as help determine the best market structures and models for the infrastructure.

“We look forward to leveraging our expertise in infrastructure, charging, and energy, along with innovation driven by Uber and other partners to accelerate the move toward electric air mobility,” Callman said.

Macquarie Capital is one of a select group of partners working with Uber to devise solutions supporting landmark airspace mobility across urban centers, extending the reach of affordable, safe and environmentally conscious transportation options for travelers.

 

For more information about Macquarie Capital’s partnership, view the Uber Australia press release here.

 

Other source: https://www.uber.com/au/en/elevate/uberair/

 

About Macquarie Capital

Macquarie Capital combines grounded thinking with innovative approaches to develop transformative ideas and realize greater possibilities for our clients - our partners. We look beyond convention to connect our clients with ideas and opportunities others don’t see, while our global platform, specialized expertise and comprehensive services allow us to deliver what others can’t.

Our capabilities encompass corporate advisory and a full spectrum of capital solutions, including capital raising services from equity, debt and private capital markets and principal investments from Macquarie’s own balance sheet. These offerings are reinforced through our deep sector expertise in aerospace, defense and government services, consumer, gaming and leisure, financial institutions, infrastructure and energy, real estate, resources, services, telecommunications, media and technology sectors across the US with 402 transactions completed, valued at $264 billion in the year to 31 March 2018.

LOOK
BEYOND
CONVENTION.

See how we look beyond to create new possibilities and deliver real business impact to our clients across the Americas.

Learn more

This information is a general description of the Macquarie Group only. Before acting on any information, you should consider the appropriateness of it having regard to your particular objectives, financial situation and needs and seek advice. No information set out above constitutes advice, an advertisement, an invitation, a confirmation, an offer or a solicitation, to buy or sell any security or other financial, credit or lending product or to engage in any investment activity, or an offer of any banking or financial service. Some products and/or services mentioned on this website may not be suitable for you and may not be available in all jurisdictions. All securities and financial products or instrument transactions involve risks. Past performance of any product described on this site is not a reliable indication of future performance.