FutureFlight
Jaunt Attracts Two New Canadian Private Investors for Its eVTOL Aircraft Plans
The announcement follows the March 10 completion of its merger with advanced air mobility group Airo, of which it is now a wholly owned subsidiary.
Former Air Canada president and CEO Calin Rovinescu (left) and technology investor Mitch Gerber
Former Air Canada president and CEO Calin Rovinescu (left) and technology investor Mitch Gerber are making undisclosed investments in Jaunt Air Mobility. (Image: Jaunt)

Jaunt Air Mobility has attracted two new private investors to help fund its plans to bring a four-passenger eVTOL aircraft to market in 2026. This week, the company announced that former Air Canada president and CEO Calin Rovinescu and technology investor Mitch Gerber are making undisclosed investments in the company and joining its group of advisors.

On March 10, the Texas-based company became a wholly-owned subsidiary of the advanced air mobility group Airo, as part of an ongoing process of combining the various Airo businesses announced in October 2021. At the same time, it is establishing its new development and manufacturing facilities in the Montreal area.

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