Airbus SE is looking to develop autonomous aircraft and technologies that will allow a single pilot to operate commercial jetliners, helping cut costs for carriers, Chief Technology Officer Paul Eremenko said.

“The more disruptive approach is to say maybe we can reduce the crew needs for our future aircraft,” Eremenko told Bloomberg Television’s Yvonne Man in an interview broadcast Wednesday. “We’re pursuing single-pilot operation as a potential option, and a lot of the technologies needed to make that happen has also put us on the path towards unpiloted operation.”

The aerospace industry has begun seeing a trend similar to the car market, where automakers are investing in autonomous-driving startups. Plane manufacturers including Airbus and Boeing Co. are racing to develop artificial intelligence that will one day enable computers to fly planes without humans at the controls.

Airbus has a division called Urban Air Mobility exploring technology from on-demand helicopter rides to delivery drones. Boeing said last month it purchased a company that is developing flying taxis for Uber Technologies Inc. and also bought into a hybrid-electric airplane company.

Airbus agreed last week to set up an innovation center in China’s Shenzhen, near Hong Kong. The facility will help accelerate research needed to chart the future of air travel, and China will provide Airbus an opportunity to design and develop such technologies, Eremenko said.

“I think the general aviation space in China is just opening up,” Eremenko said in Hong Kong.

The Toulouse, France-based company is also exploring technologies that will bring more automation to the cockpit of planes that could help resolve shortage of pilots in countries like China, which is set to emerge as the world’s biggest aviation market in less than a decade. Discussions are on with companies such as Baidu Inc. for ways to apply self-driving technology to aviation, Eremenko said.

Boeing estimates that 637,000 pilots will be needed to fly commercial aircraft globally in the next two decades. The industry needs to find ways to produce more cockpit crew as only 200,000 pilots have been trained since the start of the aviation industry, Eremenko said.

Airbus’s A3 Silicon Valley think tank has been working on its proposed Vahana flying taxi, due for its first test at year’s end. The pilotless, electric-powered vehicle could be hailed like a conventional cab but won’t get stuck in traffic jams. The single-­person flying machine could slash journey times for city dwellers over a range of 50 miles, according to Airbus.

ON THE MOVE

Bank of Hawaii has announced that Raymond Bristol is the new senior vice president and wholesale credit administrator in the Wholesale Credit Department. Bristol has more than 30 years of financial industry experience, including previously having served as a senior vice president and regional manager for Manufacturers Bank in Los Angeles.

HomeBridge Financial Services has announced that Tess Roldan is the new mortgage loan originator for its Oahu offices. Roldan has been in the mortgage industry for 15 years, including working at Veterans Choice Home Loans, a Division of Mann Mortgage, for three years as well as nine years at Guild Mortgage.

AHL Design principal Bill Brizee has been appointed to The International Code Council Egress Development Committee effective Jan. 1, 2018, to Dec. 31, 2020. His experience serving in codes committees include five years with the state Building Code Council and the AIA Code Committee in Honolulu for nine years.