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

4 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

Stake Powers Instant Payouts With Checkout.com Pay To Card

The new feature lets investors in the UAE, KSA, and UK receive real estate returns in minutes — cutting withdrawal times to under 10 minutes.

Published

2 days ago

June 19, 2025

Nour Nasir

stake powers instant payouts with checkout.com pay to card

Stake, a leading digital real estate investment platform, has unveiled Pay to Card, a next-generation withdrawal feature built on Checkout.com’s global payment infrastructure. The integration enables investors to have dividends and returns credited directly to their bank cards — often within minutes — dramatically reducing the traditional multi-day payout process.

After a successful pilot in May involving over 200 users, some investors reported receiving their funds in under 10 minutes. Ricardo Brizido, CPTO and Co-Founder of Stake, emphasized the importance of speed and reliability: “With Pay to Card, we’re eliminating unnecessary delays and putting returns in our investors’ hands almost instantly. This feature was built to directly solve one of the most common pain points in real estate investing, and it’s already driving strong results”.

The feature launch coincides with rapid growth in real-time finance across the Middle East. Checkout.com’s “State of Digital Commerce in MENA 2025” report highlights a 388% year-on-year surge in Account Funding Transactions (AFTs) in the UAE, reflecting strong demand for immediate payout solutions. The same study recorded a 176% increase in total processing volume from 2023 to 2024 and noted that daily online transactions have jumped 320% since 2020.

Since its 2021 debut, Stake has facilitated over AED 1 billion in property transactions, advancing its mission to democratize real estate investment in high-growth markets. By integrating Pay to Card, Stake reinforces its commitment to customer-centric innovation and operational transparency.

Also Read: Binance Enters Syrian Market As Sanctions Lifted

Remo Giovanni Abbondandolo, General Manager for MENA at Checkout.com, praised the collaboration: “Stake has always led with customer-first financial experiences. Together, we’re meeting the expectations of a region that is no longer just digital-first, but real-time-first. Pay to Card exemplifies how modern payment infrastructure can directly solve investor pain points”.

Pay to Card is now available to all Stake users in the United Arab Emirates, the Kingdom of Saudi Arabia, and the United Kingdom. By slashing withdrawal times from days to minutes, Stake and Checkout.com are setting a new standard for seamless, on-demand real estate investing.