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According to Chief Executive Officer, Uber Technologies Inc, Dara Khosrowshahi, the commercialization of the Uber Air flying taxi service could happen within the next five to 10 years, he predicted.

Khosrowshahi made the disclosure on Tuesday, while speaking at an investor forum in Tokyo on his first visit to Asia as Uber CEO.

The U.S. ride-hailing app maker has said it expects flying vehicles to eventually become an affordable method of mass transportation.

Ride-hailing firms such as Uber see populous Japan as a potentially lucrative market and are pressing regulators to ease stringent rules governing the taxi industry.

Earlier on, Uber struck a deal with the US National Aeronautical and Space Administration (NASA) as part of its plans to roll out flying cars in cities around the world.

Uber desires to see widespread use of electric, on-demand air taxis - part-drone, part fixed-wing aircraft - which could be ordered via a smartphone app in the same way as its road-based taxis.

It is hoping to get its airborne ride-sharing service off the ground soonest, when it plans tests in Dallas and Dubai.

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