Joby Aviation's NYSE: JOBY announcement of a partnership with Virgin Atlantic to launch an air taxi service in the UK is a major development in the urban air mobility sector. Revealed on March 16, 2025, the collaboration with the premium long-haul UK airline validates Joby's technology and business model.
JoeBen Bevirt, CEO of air taxi company Joby, says the company's new partnership with Virgin Atlantic will bring air taxis to London and Manchester in “just a few years." He spoke with Caroline Hyde and Tim Stenovec on “Bloomberg Technology.
Joby Aviation Inc (NYSE:JOBY) is bringing its electric air taxis to the UK through a new partnership with Virgin Atlantic. The deal will see the companies work together to launch zero-emission, short-range flights connecting cities and airports, starting with Heathrow and Manchester.
Joby Aviation is partnering with Virgin Atlantic to launch flying taxis in the United Kingdom. The company said the air taxi can carry up to four passengers.
The skies over London could soon get a lot more exciting.
Joby Aviation is partnering with Virgin Atlantic to launch electric air taxis in the U.K., marking the seventh country in which the startup hopes to one day commercialize.
2025 is a crucial year for electric Vertical Take-Off and Landing (eVTOL) stocks, with Joby Aviation NYSE: JOBY and Archer Aviation NYSE: ACHR leading the charge.
Joby Aviation NYSE: JOBY has emerged as a pioneering force in the rapidly evolving urban air mobility sector. The company's significant advancements in the electric vertical take-off and landing (eVTOL) industry position it as a frontrunner in the race to revolutionize transportation.
Joby Aviation's income statement currently has minimal impact on its stock price due to the company being pre-revenue. The stock price moves more on news about its progress toward commercialization. Joby is leading in obtaining FAA certification for its eVTOL air taxi.
Joby Aviation (JOBY -0.30%) has disappointed a lot of investors since its public debut. The developer of electric vertical takeoff and landing (eVTOL) aircraft went public by merging with a special purpose acquisition company (SPAC) on Aug. 10, 2021.
Robust liquidity and commitment toward sustainability are boosting Joby Aviation's prospects. However, elevated expenses are a major headwind.
Joby Aviation (JOBY -0.15%) is moving toward approval of its electric vertical take-off and landing (eVTOL) aircraft late this year or early next year, which could open up innovative new business models. In this video, Travis Hoium explains the point-to-point business being built today, along with how there's upside from the military and airline deals.