It seems like wherever you go, Uber is taking over the transportation market. From small towns where people just need a ride to big cities like New York where people need to get somewhere fast, Uber is there to help you.
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Now they are expanding even more with an exciting deal.
According to reports from the Wall Street Journal, European aerospace giant Airbus Group SE has been working with the U.S. based, but globally known, ride-hailing service to provide on-demand flights using its H125 and H130 helicopters.
While the technology is still in the widespread use development phase, it will be tested at the Sundance Film Festival in Park City, Utah starting this weekend.
Sundance will likely have people who are willing to spend just a little more money to get from place to place, so it seems like a great place to try it all out. The project does aim to make helicopter flights a reality for more people, but Airbus Chief Executive Officer Tom Enders was not able to say how much a ride would cos.
After the announcement, Airbus gained as much as 2.4 percent in Paris. The stock rose 0.2 percent to 56.27 euros at 11 a.m.
This cooperation between the two companies comes as Airbus's Enders seeks to push innovation at the Toulouse, France-based company. Airbus has made everything from passenger airplanes to military transporters, but has been struggling within the helicopter industry, and that has impacted sales and profit.
Uber, on the other hand, has been looking for ways to expand from car services to many other forms of transportation - including boats in Istanbul and rickshaws in India.
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The venture was started at the $150 million area in Silicon Valley and will likely only serve the U.S. for the foreseeable future.