Mentioned:
Joby Aviation is bringing their electric air taxi service to airports in the United Kingdom. And they’ve partnered up with Virgin Atlantic to do it.
What’s happening:
- Joby Aviation (NYSE: JOBY) and Virgin Atlantic have entered into a definitive agreement to launch Joby Aviation’s electric air taxi service in the United Kingdom
Why it matters:
- The new partnership will allow Virgin Atlantic to offer Joby Aviation’s electric vertical takeoff and landing aircraft to Virgin Atlantic’s customers connecting to and from London Heathrow and Manchester airports
Going deeper:
- Virgin Atlantic and Joby Aviation have both publicly stated they plan to expand Joby Aviation’s air taxi service throughout more airport locations in the United Kingdom as part of their partnership
- Toyota and Joby Aviation just recently made major waves on Wall Street when they formed a new joint venture company to scale up the manufacturing and production of Joby Aviation’s S4 Series electric vertical takeoff and landing aircraft
