Delta Invests $60 Million in Air Taxi Startup Written 12 October 2022


The five-seater Joby electric aircraft. | Credit: Joby Aviation–©

The AP reports that Delta has invested $60 million to take a 2% stake in Joby Aviation and could invest as much as another $140 million as the manufacturer of air taxis hits key milestones. Joby makes electric-powered vertical take-off and landing (eVTOL) aircraft, which the company says will begin flying in 2024.
Full Story (Associated Press)