Toff Mobility set to launch electric air services in Asia by 2024

South Korean startup Toff Mobility announced it will offer passenger and logistics services in Asia via electric flight in 2024, with an expansion of its services to Ulleung Island, Jeju Island, and local airports in 2026. The newly founded company claims to have launched “Asia’s first electric aircraft company” in aid of achieving South Korea’s mission of zero carbon emissions. Toff Mobility intends to use EASA-certified electric aircraft and will form a team of professionals with real-life expertise with both electric and fossil-fuel aircraft to ensure safety and stability. Chanyoung Jung, CEO highlighted that it wants to prepare for commercialization through a series of “in-depth investigations.” South Korea’s parliament enacted a measure allowing government funding for urban air mobility (UAM) transportation infrastructure, which is set to assist potential operators. The Ministry of Land, Infrastructure, and Transport (MOLIT) announced the start of the Korean Urban Air Mobility (K-UAM) Demonstration Project, with the objective of commercializing UAM, by 2025.<br/>