Delta invests in air taxi startup Joby
Saturday, 12 Oct, 2022
0
Delta Air Lines inked a multi-year partnership with Joby Aviation, which will operate all-electric e-VTOL air taxis for the airline.
As part of the deal, Delta will make an equity investment of $60 million.
That equates to a 2% stake
Based on future milestones it could invest up to $200 million.
The air taxis will ferry passengers to and from the airport for Delta.
Delta hopes to deploy the Joby aircraft firstly in New York and Los Angeles.
Read Full StoryHave your say Cancel reply
Most Read
TRAINING & COMPETITION
EU airports bring back 100ml liquid rule
British Airways passengers endure 11-hour 'flight to nowhere'
CLIA: Anti-cruise demos could cause itinerary changes in Europe
Co-pilot faints, easyJet flight issues ‘red alert’
Gatwick braces for strike