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Airbus' on-demand helicopter travel startup shuttered amid the pandemic. Take a look at the rise and fall of Voom.

  • Airbus-backed helicopter startup Voom is ceasing operations due to the impact of COVID-19 on the business.
  • Voom was founded in 2016 from Airbus' Silicon Valley incubator Acubed with flights launching in Sao Paulo, Brazil in 2017, later expanding to Mexico City and San Francisco.
  • Intra-city helicopter flights were booked via the company's mobile app or website with Voom flying over 15,000 passengers and collecting valuable data for Airbus on urban air mobility during its tenure.
  • Visit Business Insider's homepage for more stories.

Airbus' mobile app-based helicopter ride-hailing subsidiary is no more.

After four years of operations, Voom closed its doors on March 23 with CEO Clement Monnet citing the COVID-19 virus as the primary cause of its demise. The Airbus-incubated and backed startup was one of the first forays into urban air mobility for the European aircraft manufacturer, which has a sizeable helicopter division.

"On March 23, we were forced to cease global operations due to the virus, and today, with our Airbus leadership, we have made the tough call that Voom will not resume its operations," Monnet said in a blog post on Airbus' website.

Voom successfully brought app-based ride-hailing to the skies by offering on-demand helicopter service in three major cities that could be booked from a mobile phone. Before its ultimate collapse, Voom had seen operations in the San Francisco, Mexico City, and São Paulo areas, acting as a booking platform that connected travelers with existing helicopter companies in each region.

Though the business will be no more, Monnet and Airbus say that they've proved urban air mobility to be viable and the latter will continue to invest in making robust intra-city networks viable using helicopters and future vertical take-off and land aircraft.

Take a look at the rise and fall of Voom.

Read the original article on Business Insider
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