Would you fly on an all-electric plane powered by batteries?

Key points:

• Gold Coast aviation tech company magniX says the are "going to be the Tesla of aviation"
• They say the electric propulsion they have developed will "enable an aircraft to fly nine to 15 passengers"
• The plan is for the all-electric motor to be ready to install in a commercial plane in 2022

"We are going to be the Tesla of aviation," he said.

"The next milestone is going to be that in the fall of 2019 we are going to have our first test flying of an aircraft using our motors," he said.

Four-year timeline

"What we're going to do is fill that gap with an all-electric aircraft," he said.

Battery limitations

Safety requirements

Price drives airfare sales

"If the price is right, they fly," he said.