Delta Air Lines says it’s investing $60 million in air taxi developer
Delta Air Lines says it has invested $60 million in a startup that hopes to build electric helicopter-like air taxis to ferry passengers to the airport.
Delta announced Tuesday that it has taken a 2% stake in Joby Aviation, and could invest up to another $140 million as the manufacturer hits key milestones.
Joby is among several companies working on electric-powered aircraft that take off and land vertically, like helicopters. The company has said that it expects to begin flying in 2024.
Current designs for electric air taxis are too small to use for airline flights the weight of batteries is among the huge obstacles facing manufacturers.
