Uber targets 2020 for demo of flying ride-hailing network

AeroMobil released its flying car for consumer orders. As expected, the price tag will be hefty and you'll have to wait for a while before it comes home with you. In this sketch, a vertical take off and landing craft hovers above the skyline of Dallas, one of Uber's new partners aiming to develop a flying car network by 2020. SAN FRANCISCO -- Uber is targeting 2020 for a demonstration of ride-hailing technology that will take to the skies. The on-demand car service company -- facing a leadership crisis and lawsuits over its business practices -- announced Tuesday at its Elevate Summit in Dallas that it has formed partnerships with cities and companies to develop flying cars and the infrastructure needed by machines that take off and land vertically like helicopters.