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Mallorca 27 Mar - 2 April 2025 Issue 2073

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Dep. Legal A PM 42-2025 - 140 - 2004 - ISSN - ISSN 3015-1309 2488-1686

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Electric Revolution

MALLORCA expects Sir Richard Branson, founder of Virgin, to improve connectivity between Palma Airport and his luxurious Son Bunyola estate in Banyalbufar by introducing a state-ofthe-art electric aerotaxi service. This innovative service will offer quick, emission-free travel, with a planned launch in London before expanding to the island. The fully electric aerotaxi has capacity for one pilot and up to four passengers. It uses six tiltrotors, allowing it to reach speeds of up to 320 km/h, while taking off and landing with considerably less noise than traditional helicopters. Branson, owner of the Son Bunyola estate and the Son Bunyola Ho-

Jobaviation website.

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Alcudia leads innovation

Electric replaces horse carriages ALCUDIA is set to become the first town in Mallorca and the Balearic Islands to introduce electric vehicles to regulate the use of horse-drawn carriages. The project will require an initial investment of at least €10,000 per electric vehicle, and the vehicles are expected to start operating on Alcudia’s roads this season. Councillor Azahara Machado explained that the model of electric vehicle to be used in Alcudia has already been approved by the Spanish government. “Palma and Muro are closely watching how the transition unfolds in Alcudia to follow suit themselves. The Valencian company that manufactures them will debut its model in Alcudia,” Machado stated. The Spanish Ministry of Transport approved these vehicles in 2023. In Europe, Brussels led the way in replacing horse-drawn carriages with electric models last summer.

Joby Virgin Atlantic.

tel in Banyalbufar, has expressed his interest in reviving supersonic commercial flights, with Mallorca as the ideal destination. His vision includes blending luxury with sustainability, offering eco-friendly

and exclusive transportation options. This project is the result of a collaboration between the Californian company Joby Aviation and Delta Air Lines, which holds a stake in Virgin Atlantic.

The partnership aims to bring electric aerotaxi technology to the European market, starting with Mallorca, offering residents and visitors an innovative and environmentally friendly transport alternative.

Business optimism in Baleares Pexels, by Giuliano Maderner.

Job creation and turnover growth forecasted

ACCORDING to a study conducted by KPMG and the CEOE, seven out of 10 Spanish business owners anticipate an increase in their turnover in 2025. This optimism is even more pronounced in the Balearic Islands, where eight out of 10 businesses expect to see an increase in sales this year. Furthermore, 42 per cent of executives plan to expand their workforce, surpassing the figures from 2024. The sectors most likely to benefit include insurance, tourism, banking, and real estate, with 80 per cent of respondents rating the current situation as good or excellent. However, in the automotive sector, the percentage of optimistic business owners drops to just 20 per cent.

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Mallorca • Issue No. 2073 • 27 March - 2 April 2025

The tourism sector is likely to benefit.

The Balearic Islands, Andalucia, and Aragon are the regions where the most business owners and executives expect to increase their turnover, while Galicia, Madrid, the Balearic Islands, and Aragon show the best job creation forecasts. This outlook reflects the strong health of the business sector in the Balearic Islands, as well as confidence in the region’s ability to adapt and grow.

PACMA action in Malaga to demand the replacement of horse-drawn carriages with electric vehicles.

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Mallorca 27 Mar - 2 April 2025 Issue 2073 by Euro Weekly News Media S.A. - Issuu