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.
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