Airbus Group plans to test a prototype flying car by the end of the year

Airbus Group plans to test a prototype for a self-piloted flying car by the end of the year, the aerospace group's chief executive said on Monday.

Last year, the company created a new division called Urban Air Mobility, responsible for developing new air transport services. One of the concepts devised by the new division included a new type of helicopter capable of carrying several passengers between cities.

"One hundred years ago, urban transport went underground, now we have the technological wherewithal to go above ground," said Tom Enders.

The Airbus Group plans to test a prototype of a "flying car" with autonomous driving by the end of 2017, or what Tom Enders told the DLD digital tech conference in Munich.

The project is still in the experiment, "We are in an experimentation phase, we take this development very seriously," he said, and he hope to the Airbus could fly a demonstration vehicle for single-person transport by the end of the year.

 Such project may reduce the cost of city infrastructure "With flying, you don't need to pour billions into concrete bridges and roads," he said. Also, he says that Airbus recognized such technologies would have to be clean to avoid further polluting congested cities.

 Airbus wanted to invest to make the most of the new technologies such as autonomous driving and artificial intelligence, to usher in what amounts to an era of flying cars. "If we ignore these developments, we will be pushed out of important segments of the business" he said.

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