U.S. proposes rules to advance flying taxi operations [Financial Post (Toronto, Ontario, Canada)]
Joby Aviation, Inc. (JOBY)
Company Research
Source: Financial Post
Electric vertical takeoff and landing aircraft (eVTOL) have been touted as flying taxis that could be the future of urban air mobility. The low-altitude urban air mobility aircraft has drawn intense interest around the world as numerous eVTOL companies have gone public. The FAA issued a proposal to update its air carrier definition to add “powered-lift” operations to regulations covering other commercial operations like airlines, charters and air tours. “This powered-lift definitions rule lays the foundation that will allow operators to use powered-lift aircraft,” the agency said in a statement to Reuters. The FAA is separately developing a powered-lift operations rule for certifying pilots and operating requirements to fly eVTOLs. The agency expects to publish the proposal next summer. Acting FAA Administrator Billy Nolen told reporters last week that the agency does not expect the first eVTOL to begin commercial operations until late 2024 or more likely early 2025. “At an
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News
- Joby Partners with Abu Dhabi to Establish Electric Air Taxi Ecosystem [Yahoo! Finance]Yahoo! Finance
- Joby Partners with Abu Dhabi to Establish Electric Air Taxi EcosystemBusiness Wire
- Career centers get $300M from Ohio as enrollment booms [Yahoo! Finance]Yahoo! Finance
- Joby Aviation to Report First Quarter 2024 Financial ResultsBusiness Wire
- Jetsons-like travel in air taxis is 'as close as we've seen,' Joby exec says [Yahoo! Finance]Yahoo! Finance
JOBY
Earnings
- 2/21/24 - Beat
JOBY
Sec Filings
- 4/18/24 - Form 4
- 4/18/24 - Form 4
- 4/18/24 - Form 4
- JOBY's page on the SEC website