This startup is planning a flying taxi service that costs about the same as normal taxis

Hong Kong (CNN Business) A flying taxi that you can order through an app? This German company plans to make that a reality in the next six years.

Munich-based startup Lilium unveiled its five-seater electric air taxi prototype on Thursday. The Lilium Jet, which conducted its first flight earlier this month, is part of an app-based flying taxi service that the company expects will be “fully-operational in various cities around the world by 2025.”

The battery-powered jet is capable of traveling 300 kilometers (186 miles) in 60 minutes on a single charge, and will connect cities through a network of landing pads. Commuters will be able to book rides from their nearest landing pad through a smartphone app.

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