Uber says its flying taxis are just 5 years away

Potential design for Uber's 'flying taxis'. Credit: Coventry University

Coventry University is helping Uber develop 'flying taxis' which could be in the skies by 2020.

The Uber Elevates project is developing a new type of aircraft to transport people on ride-sharing flights in major cities worldwide.

It is hoped the urban air taxis will reduce road traffic congestion and pollution.

Potential design for Uber's 'flying taxis'. Credit: Coventry University

The proposed models use battery technology, lightweight materials and have stacked propellers.

They are quieter, safer, more affordable and more environmentally-friendly than conventional aircrafts and helicopters.