No confirmation on when the service will launch.
Delta Airlines will invest $60 million in Joby Aviation, a leading electric air taxi startup, to create a “home-to-airport” service using the startup’s five-seat electric vertical takeoff and landing aircraft, the companies announced Tuesday. Delta said its investment in Joby could go as high as $200 million if the company hits certain milestones.
Neither Delta nor Joby would disclose when they intend to launch the service, noting the lengthy regulatory process that Joby’s unique aircraft still needs to undergo. They also didn’t reveal how the service would be priced, although Bevirt said he wanted fares to be “accessible.” Joby has said it intends to launch its first commercial service in 2024.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
American Airlines invests in firm aiming to supply hydrogen to planesAmerican Airlines says it's investing in a company that hopes to supply hydrogen to planes.
Read more »
‘Like night and day’: Fiber-optic cables aim to make Y-K Delta internet faster, cheaperA new subsea fiber-optic cable, one of two planned to serve Western Alaska starting in 2024, is expected to improve internet download speeds in Bethel by a factor of 200 while also lowering service costs.
Read more »
Wells Fargo buys land for new Irving campusWells Fargo has purchased the Las Colinas property where it plans to build a $200 million development at Las Colinas Boulevard and Promenade Parkway.
Read more »
Denver among several airports targeted in denial-of-service attacksAn apparently coordinated denial-of-service attack organized by pro-Russia hackers rendered the websites of some major U.S. airports, including Denver International Airport, unreachable early Monday.
Read more »
Conan O'Brien Gets Offer He Can't Refuse for $16.5M Beach HouseConan O'Brien accepted an offer on his $16.5 million beachfront home.
Read more »