Delta invests in air taxi startup Joby to enable home-to-airport flights

Air taxi startup Joby Aviation just landed a deal that could make your ride to the airport that much more enjoyable. Delta is investing a total of up to $200 million in Joby in exchange for home-to-airport flight service. Instead of hailing a car or paying for parking, you can have an eVTOL (electric vertical takeoff and landing) plane take you to the terminal without the usual traffic hassles.

The service will initially be available to Delta passengers traveling through New York City and Los Angeles and will operate for at least five years after launch. It will exist alongside Joby’s regular airport service in “priority” areas.

For Joby, this means a significant boost. It was the first eVTOL company to receive key FAA airworthiness and carrier service certifications, and now it is signing what the companies say is a “first of its kind” agreement with a US airline. The move could give Joby an edge over rivals like Archer and Wisk Aero, which are awaiting FAA certifications or major commercial partnerships.

Joby has also grown rapidly compared to many of its competitors. The company received $394 million from Toyota in early 2020 and bought Uber’s air-taxi business later that same year. NASA began flight testing the company’s eVTOLs in the summer of 2021. Simply put, she’s in a good position to make flying taxis a practical reality.

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