Aviation

Delta Air Lines is investing $60 million in Joby Aviation, which is planning to build and operate an electric vertical takeoff and landing aircraft.

Some are targeting 2024, but Joby CEO Bevirt won't commit to a launch date. [American Airlines](/quotes/AAL/) has invested $25 million in Vertical Aerospace and ordered 50 aircraft from the U.K. [United Airlines](/quotes/UAL/) has two eVTOL investments and aircraft orders. The other for $10 million with Archer Aviation and an order for 100 Archer eVTOLs. have all taken stakes with eVTOL startups. Delta CEO Ed Bastian envisions moving passengers to and from airports quicker and with less hassle.

The California maker of air taxis will work with the airline giant to lift passengers off to airports in NYC and Los Angeles.

In a news briefing, Bevirt and Bastian remain vague when describing specific timelines, implying that eVTOLs will likely not unfold their wings for at least a few years. But unlike helicopters, they are quite nearly silent, muffling the roar of a typically deafening engine down to a soft whooshing noise. Delta chief executive Ed Bastian noted that his company’s investment in Joby—which totals $60 million, equating to a roughly 2% stake in the eVTOL maker—differs from the bets other carriers have been placing on eVTOLs, in that Delta does not intend to purchase and operate the aircraft itself, but rather is enlisting Joby to build what it describes as a sort of VIP airport experience for Delta customers. Meanwhile, American Airlines has [signed for aircraft](https://news.aa.com/news/news-details/2021/American-Airlines-Invests-in-the-Future-of-Urban-Air-Mobility-FLT-06/default.aspx) from Bristol, England-headquartered Vertical Aerospace, expected to ship circa 2025. The specifics of the partnership, including the timeline for its rollout, are still up in the air, but the deal will pioneer eVTOLS on the consumer market, starting with the home-to-airport commute, an area where both companies see tremendous potential. Today, it’s unveiling a partnership with Delta Air Lines to bring Joby’s futuristic air taxis to New York and Los Angeles within the next few years.

Morgan Lewis is bolstering its global aviation practice with the addition of an eight-lawyer EMEA and Asia-Pacific team, including three partners—Sidanth ...

Bradley, who will be resident in Singapore, advises on various aspects of financing, leasing, and restructuring across a variety of jurisdictions in relation to aircraft, engines, and corporate jets. Rajagopal, who will be resident in London, was practice group coordinator of the global banking and asset finance group at K&L Gates. Joining from K&L Gates, the team represents a variety of key aviation industry players, including financial institutions, lessors, restructuring specialists and airlines.

As part of the first-of-its-kind arrangement, the companies will work together to integrate a Joby-operated service into Delta's customer-facing channels.

“Addressing what matters most to our customers is foundational to our focus, and our work with Joby is the latest in a series of ways we’re making the experience of travel more seamless, enjoyable and wait-free.” Delta also recently [debuted its Parallel Reality experience](https://news.delta.com/parallel-realitytm-unlocks-simpler-personalized-airport-experience-detroit-customers) at Detroit Metropolitan Airport, bringing to life a technology that was first previewed at CES in 2020. “This is a groundbreaking opportunity for Delta to deliver a time-saving, uniquely premium home-to-airport solution for customers in key markets we’ve been investing and innovating in for many years.” “Their history of innovation, along with their vast operational expertise and leadership on climate change, make them incredible partners for Joby, and it’s an honor to be working alongside them.” (NYSE: JOBY), to deliver transformational, sustainable home-to-airport transportation service to Delta customers, beginning in New York and Los Angeles. Delta has made an upfront equity investment of $60 million in Joby, with the opportunity to expand the total investment up to $200 million as the partners achieve substantive milestones on the development and delivery of the service.

The civil aviation sector in China's southwestern Xizang Autonomous Region has made remarkable progress as the operation capacity saw a large increase over ...

The five airports in the region created over 30,000 jobs for local residents, Zhang said. Over the past decade, a total of 438,000 flights departed from and arrived at airports in Xizang completing 45.6 million passenger-trips in addition to 368,000 tons of cargo, far more than the accumulative volume before 2012. Zhang Wei, an official from Xizang, stated that local CAAC office has launched 10 infrastructure projects backed by 20 billion yuan in investment.

The plan is to seamlessly integrate Joby's electric vertical takeoff and landing (eVTOL) service into Delta's existing flight booking process for travel to and ...

It hopes to begin air taxi service in 2024. Driving the news: Delta is investing $60 million in Joby, and could invest up to $200 million total, as the partners meet major milestones in the rollout of a premium air taxi service shuttling passengers between airports and nearby communities. Delta Air Lines is partnering with Joby Aviation, a leading developer of electric air taxis, to make it easier and faster for customers to get to the airport.

Smiths Detection, a global leader in threat detection and screening technology, and Pangiam, Computer Vision and Artificial Intelligence (AI) speciali.

With more than 70 years of experience in the field, we offer the necessary solutions to protect society from the threats posed by explosives, prohibited weapons, contraband, toxic chemical agents and narcotics – helping to make the world a safer place. Since our founding, Pangiam has acquired industry leading technology companies in the identity verification and access control space, including veriScan, Linkware, and Trueface. Smiths Detection Vice President of Marketing, Richard Thompson, said: “While Smiths Detection has a successful record of delivering its iCMORE automatic threat recognition technology for example with weapons, currency & lithium batteries, one of the primary objectives of OA is to offer choice. Smiths Detection is the obvious choice for collaboration to drive this technology, due to their leading technology and significant install base.” As part of the collaboration, the two companies will run a series of technological demonstrations designed to rapidly develop and field new capabilities, unlocking further innovation. to enable the transfer of 3D images from Smiths Detection’s computed tomography (CT) cabin baggage scanner

Delta and Joby are teaming up to eventually offer rides to the airport on Joby's electric-powered aircraft.

offer to airports in New York and Los Angeles. Those numbers seem absurdly large, Bleecker Street Research, an investment firm has taken a short position in Joby, said in a [recently published analysis](https://www.bleeckerstreetresearch.com/research/joby) of the company. Joby and Delta haven't secured or built any such vertiports to date. It also makes the vehicle's power train and some small electronics for it at a separate facility in San Carlos. [investor presentation](https://www.sec.gov/Archives/edgar/data/1819848/000119312521053631/d135823dex992.htm) last year, the company projected it would have an average of 141 aircraft in service in 2024, 963 two years later and some 14,000 by 2031. Most notably, Joby has to get regulatory approval to fly passengers in its aircraft. Although it's flown more than 1,000 test flights of the vehicle, demonstrating the aircraft's range, speed, altitude and noise, it has yet to fly any tests with a pilot on board. And because they expect Joby's vehicles to be less expensive to maintain and operate than helicopters, they think they'll be able to profitably offer a lower-priced service. The pair plan to eventually offer door-to-airport service, providing car transportation — potentially from Joby investor and partner Uber Technologies Inc. The two companies announced Tuesday they're teaming up to offer just such a service in the future. The Atlanta-based airline pledged to eventually invest as much as $200 million in Joby (NYSE:JOBY) if the latter, a developer of electric-powered vertical takeoff and landing aircraft, or eVTOLs, hits certain performance milestones. Because they expect Joby's aircraft to be quieter than helicopters, they say they will be able to offer service from so-called vertiports that are much more conveniently located and widespread than today's helipads.

Joby makes electric, vertical takeoff and landing aircraft, which are small, quiet, and easy to fly, creating visions of a flying-car future.

](https://www.barrons.com/market-data/stocks/dal) ](https://www.barrons.com/market-data/stocks/joby) [eVTOL](https://www.barrons.com/articles/joby-aviation-stock-flying-cars-51632410918?mod=article_inline) maker

Since 1964, the Tony Jannus Award has recognized extraordinary accomplishments in the field of commercial aviation. Given annually by the Tony Jannus ...

In order for a student to be eligible for consideration as a Tony Jannus Scholar, they must meet a stringent set of requirements. Meet Jacqueline Figueredo: Jacqueline calls Lutz home and is currently studying at Florida Institute of Technology, pursuing a bachelor’s in Aviation Management with Flight. The deadline for submissions is October 15 and all application materials must be combined into a single PDF document. Candidates must major in an aviation-related field and intend to have a career in aviation. Applicants must submit a cover letter, a resume, and an essay that details the student’s interest in aviation and how aviation has impacted their life choices, among other things. Since 1964, the Tony Jannus Award has recognized extraordinary accomplishments in the field of commercial aviation.

Delta passengers will soon be able to reserve a seat on an eVTOL aircraft that will take them from home to the airport.

- Boston Logan International Airport, Detroit Metropolitan Wayne County Airport, Hartsfield-Jackson Atlanta International Airport, Los Angeles International Airport, Minneapolis-St. Of course, the days of whizzing to the airport from a local pick up point are some way off yet. We also don't know what the price tag will be for such a service, although Bervirt has said he wants the service to be 'accessible,' fares-wise. It has proven itself with over 1,000 test flights over the past few years, showing that it is fast, reliable, and efficient. The investment is the start of a multi-year partnership with the young startup company, designed to eventually give Delta [passengers](https://simpleflying.com/tag/passengers/) a premium experience traveling from home to the [airport](https://simpleflying.com/tag/airports/). The eVTOL aircraft in question is designed to fly efficiently with zero carbon emissions, and with a remarkably low noise profile.

PRNewswire/ -- Unical Aviation Inc., a leading provider of aircraft parts and components to the global commercial aerospace market, announced today the...

11, 2022 /PRNewswire/ -- Unical Aviation Inc., a leading provider of aircraft parts and components to the global commercial aerospace market, announced today the acquisition of CAVU's component repair operations (CAVU Component Repair LLC) from CAVU Aerospace. Founded in 2010, CAVU Aerospace Inc. "CAVU Aerospace is an outstanding partner and its component repair team has provided us exceptional service for many years. Located at San Bernardino International Airport with two hangars totaling 125,000 square feet, Unical MRO is an FAA 145 Repair Station that provides parking, storage, maintenance, disassembly, and demolition for commercial aircraft. "As the airline industry continues to rebound, we are delivering on our promise to invest in Unical's growth and expand the services it offers its customers," said Platinum Equity Partner Jacob Kotzubei and Platinum Equity Managing Director Dan Krasner in a joint statement. "The acquisition of CAVU Component Repair allows us to increase our capabilities in the third-party repair sector of our business, which we believe has strong and growing potential," said Unical CEO Sharon Green.

Delta Airlines is investing $60 million in Joby Aviation, one of the most buzzed-about developers of electric air taxis. Meanwhile, Surf Air Mobility ...

6 committee's closing arguments](/2022/10/12/january-6-hearing-final) [EV and battery production](https://www.axios.com/2022/08/17/electric-cars-vehicles-batteries-battery-belt-biden), Axios' Joann Muller reports. [Delta's strategy](https://skift.com/2022/03/31/inside-deltas-strategy-to-capture-the-premium-traveler/) to try to differentiate itself from other airlines by offering a more premium travel experience. 6 committee takes the stage again on Thursday. [Electric vehicle owners aren't switching back to gas cars](https://www.axios.com/local/austin/2022/10/11/electric-vehicle-owners) It's since seen its valuation dip to about $2.5 billion.

US carrier plans to invest up to $200 million in start-up to offer home-to-airport transportation service in New York and Los Angeles.

The company, however, has not yet set a date for the commercial debut of the device. To date, a prototype of the aircraft has performed more than 1,000 test flights. “Their history of innovation, along with their vast operational expertise and leadership on climate change, make them incredible partners for Joby, and it’s an honor to be working alongside them.”