Delta Backs Joby with Investment and Plans for Airport Rides for Passengers

The U.S. airline will invest up to $200 million in the eVTOL aircraft developer, and its customers will have exclusive access to "home-to-airport transportation" starting in New York and Los Angeles.

Joby's four-passenger eVTOL aircraft will carry Delta Air Lines passengers. — Joby's four-passenger eVTOL aircraft will carry Delta Air Lines passengers on air taxi flights to and from airports, with services starting in New York and Los Angeles. (Image: Joby)

By Charles Alcock • Managing Editor

October 11, 2022

Delta Air Lines is making a $60 million investment in eVTOL aircraft developer Joby as part of a deal that is expected to lead to the launch of what the companies call “home-to-airport transportation” for airline passengers. Services are expected to begin in New York City and Los Angeles, with the four-passenger aircraft to be operated by Joby and Delta’s customers having access to a “seamless booking” service that could also be offered in the UK.

Under an agreement announced on October 11, Delta will make a further $140 million investment in Joby subject to further unspecified “milestones” being achieved. The partners did not say when services will begin, but Joby is aiming to complete FAA type certification for its aircraft in 2024.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

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