Ford is the most recent significant company to hop on the driverless vehicles bandwagon declaring that it plans to develop completely self-sufficient vehicles.That announcement is only the most recent in the long string of big companies interested on driverless tech from Tesla and Google to Uber and (rumored) Apple.

In that context, Ford's announcement is not so much of a surprise and was greatly greeted with an aggregate "yawn" by Wall Street.To really get investors' attention nowadays you have to do something really innovative - maybe something like what Airbus is proposing.

European aviation mammoth Airbus is Boeing's greatest rival and a noteworthy maker of planes. Now the aviation giant is apparently working on a flying driverless taxi that you can summon by means of an app on your smartphone.

The idea itself is exceptional - yet Airbus' similarly remarkable timeline shows that it's serious. The company hopes to have a model assembled and doing initial tests before the end of 2017.

Airbus is reportedly developing the second craft as well - anyone- like a helicopter for transporting passengers around the city. The second craft - called CityAirbus has been under secret development by French and German engineers with Airbus throughout the previous two years.

These projects highlight the gigantic changes occurring in transportation after decades of the present state of affairs.The projects have the support of top Airbus executives also.

Airbus CEO Tom Enders says in the article "I'm no big fan of Star Wars, but it's not crazy to imagine that one day our big cities will have flying cars making their way along roads in the sky... In a not too distant future, we'll use our smartphones to book a fully automated flying taxi that will land outside our front door - without any pilot."

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