News

Airbus Has Revealed Its CityAirbus NextGen Flying Taxi

During flight, the aircraft makes less than 65 decibels of noise, and the figure increases to just 70 decibels during landing.

Published

5 years ago

October 1, 2021

David Morelo

Airbus

Nobody likes to sit in traffic, especially not people who can afford to hire their own private jet, and that’s exactly who Airbus is targeting with its next-generation CityAirbus, an electric vertical take-off and landing aircraft (eVTOL) offering for the emerging urban air mobility (UAM) market.

The European multinational aerospace corporation has recently unveiled the new aircraft at its first summit on “Pioneering Sustainable Aerospace”. The CityAirbus NextGen incorporates lessons learned from the design and test operation of the original CityAirbus and the single-seat, tilt-wing Vahana.

airbus cityairbus nextgen side view

It has six electrically powered lifting propellers and two additional electrical propellers on its V-shaped tail for cruise flight, the phase of flight between climb and descent. Airbus claims that it can cover a distance of 80 kilometers (50 miles) at a cruise speed of 120 km/h (75 mph) while carrying up to four passengers. During flight, the aircraft makes less than 65 dB(A) of noise, and the figure increases to just 70 dB(A) during landing.

“The CityAirbus NextGen meets the highest certification standards (EASA SC-VTOL Enhanced Category),” states Airbus in the official press release. “Designed with simplicity in mind, CityAirbus NextGen will offer best-in-class economic performance in operations and support”.

Also Read: Mercedes Concept EQG Electric G-Class Revealed In Munich

Airbus is aware that far more obstacles besides those that can be solved with innovative technology will need to be overcome for the new urban air mobility market to flourish. That’s why the CityAirbus NextGen will initially be piloted by a real human pilot. Once the technology and operational framework for self-flying aircraft are established, Airbus would like the aircraft to operate autonomously.

How long that will take to happen is something even industry experts can’t reliably predict, especially not on a global scale. What’s certain is that flying across major cities won’t be something anyone besides one-percenters will be able to afford for a long time — and maybe never.

News

NEOPAY Wants To Follow Merchants Across Channels And Borders

A controlling 65% stake in noon payments would give NEOPAY access to marketplace sellers, online merchants and the payment flows they generate.

Published

1 day ago

October 5, 2026

Nour Nasir

neopay wants to follow merchants across channels and borders

It’s been a long time since checkouts were single defined places. A merchant might take payments at a physical register, on its own website and through an online marketplace, sometimes in more than one country. NEOPAY wants to follow those transactions wherever they happen.

The UAE payments company has entered into an agreement to acquire a 65% controlling stake in noon payments. NEOPAY already runs the acquiring infrastructure that lets merchants accept card payments, along with omnichannel acceptance and a merchant services platform. This new deal would add noon payments’ embedded payments platform, e-commerce gateway and merchant network across the UAE, Saudi Arabia and Egypt. That would considerably expand both NEOPAY’s digital commerce capabilities and its regional reach.

For merchants, the attraction is a single provider for online and in-store payments, plus faster settlements, data and analytics, and value-added financial services.

“Payments should be simple, reliable, and built for the markets they serve,” said Faraz Khalid, CEO of noon. His counterpart at NEOPAY, Vibhor Mundhada, added: “We have built a strong payments business in the UAE, and our ambition is now to take that capability across the region”. The acquisition, Mundhada added, would “expand our footprint into Saudi Arabia and Egypt” while reinforcing NEOPAY’s position at home.

Also Read: In Kuwait, Your Surgeon Might Be Operating From Another Country

NEOPAY is also keen to point out potential payment volume increases. The company says noon payments’ integrations with marketplace sellers and online merchants create high transaction density in some of the region’s fastest-growing digital commerce segments. It also believes control of the business would give it access to those merchant relationships and payment flows, and speed up the rollout of alternative payment methods and installment options.

The combined roadmap targets faster merchant onboarding, better payment performance, tighter fraud controls and embedded financial services. The deal could also strengthen cross-border payments and settlement along key regional commerce corridors.