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☆ U.S. FAA proposes airworthiness criteria for Archer Aviation air taxi
▼ + stars: | 2022-12-19 | by ( ) www.reuters.com time to read: 1 min

WASHINGTON, Dec 19 (Reuters) - The Federal Aviation Administration (FAA) on Monday issued the airworthiness criteria that Archer Aviation (ACHR.N) will need to meet for its M001 air taxi to be certified for use. The FAA released the criteria for public comment for Archer's electric vertical takeoff and landing (eVTOL) aircraft to be certified after it made a similar announcement in November for Joby Aviation's (JOBY.N) Model JAS4-1 eVTOL. Archer said earlier this month it is working to win FAA certification of its eVTOL in late 2024. Reporting by David ShepardsonOur Standards: The Thomson Reuters Trust Principles.

☆ Cramer's lightning round: Lucid Group is too dangerous to own here
▼ + stars: | 2022-12-16 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: 1 min

Loading chart...Brookfield Renewable Partners : "I've been skeptical of that one ... but I am willing to reopen the books, and see if there isn't something here we can't find." Loading chart...Loading chart...Lucid Group : "We don't want to fool around with that. I think that one is just too dangerous." Loading chart...Joby Aviation : "Joby Aviation ... is like a Jules Verne story. ... Let's leave it like a story and not think of it as a stock."

☆ How electric air taxis could shake up the airline industry in the next decade
▼ + stars: | 2022-12-03 | by ( Mikaela Cohen | ) www.cnbc.com time to read: +5 min

Companies across the U.S., including several startups, are developing electric air taxis that aim to take cars off the road and put people in the sky. In October, Delta Air Lines joined the list of airlines backing EV technology startups, with a $60 million investment in Joby Aviation, a company developing electric vertical takeoff and landing aircraft (eVTOLs), intended to operate as an air taxi service. In 2021, when Joby announced its plan to launch its Uber-like air taxis by 2024, it generated criticism from industry analysts on the ability to launch by that date. One is for $15 million with Eve Air Mobility for 200 aircraft, and another for $10 million with Archer Aviation for 100 eVTOLs. Air taxis could hit markets in the 2030sWhile major airlines enter agreements with global startups, it's important to remember these are conditional.

☆ U.S. proposes rules to advance flying taxi operations
▼ + stars: | 2022-11-21 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

Nov 21 (Reuters) - The U.S. Federal Aviation Administration (FAA) on Monday proposed new rules that would help pave the way for commercial air taxi operations by around the middle of the decade. Electric vertical takeoff and landing aircraft (eVTOL) have been touted as flying taxis that could be the future of urban air mobility. 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. The FAA is separately developing a powered-lift operations rule for certifying pilots and operating requirements to fly eVTOLs. The FAA expects to issue an implementation plan next May that will help it meet the industry's ambitious growth plans, he added.

☆ The 10 people transforming transportation — from companies like Archer Aviation and Ford Pro
▼ + stars: | 2022-11-21 | by ( Business Insider | ) www.businessinsider.com time to read: 1 min

Eric Allison, Head of Product, Joby AviationJoby AviationAs the "Uber of the skies" starts pilot production of its vertical-takeoff-and-landing copter pods, Allison — who came to the company when it acquired Uber Elevate in late 2020 — is concerning himself with "all of the things that wrap around the airplane that are going to allow us to bring it to market," he said. That means connecting a flight in a Joby aircraft with other transportation services like commercial air travel. It also means navigating Federal Aviation Administration certification and other red tape to get its copter pods operational, and even convincing the people not using the aircraft to be OK with them flying above their heads.

☆ How Joby and Delta are making flying taxis a reality
▼ + stars: | 2022-11-11 | by ( Andrew Evers | ) www.cnbc.com time to read: +1 min

The world has long dreamed of a day when flying cars become part of daily life. Startups Joby, Archer, Vertical , Lilium and more are developing eVTOLs, electric vertical takeoff and landing aircraft, with the vision of making air taxis a reality. CNBC got an inside look at Joby Aviation, one of the eVTOL players with grand ambitions of not only building the aircraft but also operating an Uber-like air taxi business. Founded in 2009 in Santa Cruz, California, the company has received investments from Toyota , Delta Air Lines , Uber and the U.S. Department of Defense. Joby is currently manufacturing and performing flight tests at its pilot facility outside of Monterey in Marina, California.

☆ Why Delta is betting on Joby to make electric flying taxis a reality
▼ + stars: | 2022-11-11 | by ( Andrew Evers | Jeniece Pettitt | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy Delta is betting on Joby to make electric flying taxis a realityAdvances in battery and electric propulsion technology have enabled entirely new types of aircraft to take to the skies. Startups Joby, Archer, Vertical, Lilium and more are developing eVTOLs, electric vertical takeoff and landing aircraft, with the vision of making air taxis a reality. CNBC got an inside look at Joby Aviation, one of the eVTOL players that has grand ambitions of not only building the aircraft, but operating an Uber-like air taxi business.

☆ Boeing urges air taxi safety standards be as strict as for commercial jets
▼ + stars: | 2022-11-08 | by ( Allison Lampert | ) www.reuters.com time to read: +2 min

"We have to unify around the importance of bringing all advanced air mobility vehicles and operating systems to market with airliner levels of safety, with air transport levels of safety, with commercial levels of safety," he said at ICAO's Remotely Piloted Aircraft Systems (RPAS) Symposium. "There is of course significant risk that in an event involving any one of these vehicles that the whole category of advanced air mobility will be subject to penalty." Allen said regulators must approach advanced air mobility on safety in the same manner as commercial transport if air taxis are to fly over crowded, urban areas. But he added that some air taxis are being lumped into categories such as general aviation where smaller aircraft have different stringencies than larger jetliners. "To us, the more important thing is consensus on commercial safety standards," he said.

☆ U.S. FAA proposes airworthiness criteria for Joby air taxi
▼ + stars: | 2022-11-07 | by ( David Shepardson | ) www.reuters.com time to read: 1 min

WASHINGTON, Nov 7 (Reuters) - The Federal Aviation Administration (FAA) on Monday issued the airworthiness criteria that Joby Aviation (JOBY.N) will need to meet for its Model JAS4-1 eVTOL air taxi aircraft to be certified. The FAA released the criteria for public comment for electric vertical takeoff and landing (eVTOL) aircraft to be certified. Joby said last week it now expects to start commercial passenger air taxi service in 2025 after receiving FAA approvals. Joby said previously it plans to launch commercial service in 2024. Reporting by David ShepardsonOur Standards: The Thomson Reuters Trust Principles.

☆ Chinese Tesla rival Xpeng built the most literal interpretation of 'flying car' we've seen yet — watch its maiden voyage
▼ + stars: | 2022-11-02 | by ( Tim Levin | ) www.businessinsider.com time to read: +2 min

Xpeng, a Chinese electric-vehicle maker that competes with Tesla, unveiled a new flying-car prototype. The X3 is a car with four rotors on it, enabling it to switch between driving and flying. Xpeng, the Chinese electric-vehicle maker that rivals Tesla, unveiled a new flying car prototype in late October internally named the X3. Most "flying car" ideas from startups are heavy on the flying, light on the car. "Designed for both air flight and road driving, the flying car conveniently features a sleek rotor fold-away system for seamless conversation between driving and flying," the company said in a press release.

☆ How United Airlines expects electric planes to change the way passengers make travel decisions
▼ + stars: | 2022-10-28 | by ( Tim Mullaney | ) www.cnbc.com time to read: +10 min

As electric cars and SUVs move toward 5% of the new-car market in the U.S. and 9% globally, few airlines have made any major push toward electric planes. Sustainability plans being pursued by American Airlines , Delta Air Lines and Southwest Airlines barely mention electric planes. "Go back to the 1990s, there were hundreds of small aircraft serving a lot of communities that have now lost service." "There are literally dozens of companies that wouldn't have worked that are now viable startups that you'll hear about United Airlines and United Ventures investing in in the coming months." Most likely, electric planes will serve small markets, hydrogen-powered planes will serve medium-sized passenger loads, and SAF-powered jet engines will serve major cities.

☆ Archer Aviation plans to build 250 air taxis in 2025
▼ + stars: | 2022-10-24 | by ( Aishwarya Nair | ) www.reuters.com time to read: +2 min

Adam Goldstein (R) and Brett Adcock, co-founders and co-CEOs of flying taxi company Archer Aviation, pose for a picture as they rehearse for the unveiling of their all-electric aircraft from a facility in Hawthorne, California, U.S. June 8, 2021. REUTERS/Mike BlakeOct 24 (Reuters) - Archer Aviation Inc (ACHR.N) said it aims to make about 250 battery-electric air taxis in 2025 and scale up production in the following years, after setting a goal of getting its aircraft certified by the end of 2024. "In our first year, we will build 250 aircraft, our second year will build 500 aircraft, our third year will build 650 aircraft and then we scale it up to around 2,000 aircraft per year," CEO Adam Goldstein told Reuters in an interview. Archer aims to certify its pilot-plus-four-passenger aircraft, 'Midnight', by end-2024, though the U.S. Federal Aviation Administration (FAA) is still in the process of drawing up certification rules for these futuristic aircraft. Register now for FREE unlimited access to Reuters.com Register"In terms of aircraft production, we have estimated in our Archer model ~20 units in 2025," JPM analyst Bill Peterson said.

☆ United States, Japan agree to partner on advanced air mobility
▼ + stars: | 2022-10-18 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

Slideshow ( 3 images )WASHINGTON (Reuters) - The Federal Aviation Administration (FAA) and the Japan Civil Aviation Bureau (JCAB) agreed to partner on advanced air mobility certification and operations, the U.S. regulator said Tuesday. The announcement comes as companies around the world are racing to develop and eventually win regulatory approval to deploy air taxis known electric vertical takeoff and landing aircraft (eVTOL). The low-altitude eVTOL urban air mobility aircraft has drawn a huge amount of interest around the world as numerous eVTOL companies have gone public. Last week, Delta Air Lines said it invested $60 million in air taxi startup Joby Aviation for a 2% equity stake, in a partnership that initially plans to offer passengers air taxi transport to and from airports in New York and Los Angeles. It hopes to receive approval to begin commercial flights in 2024.

☆ Toyota-backed flying car firm Joby seeks Japan air certification
▼ + stars: | 2022-10-18 | by ( ) www.reuters.com time to read: +1 min

TOKYO, Oct 18 (Reuters) - Joby Aviation Inc (JOBY.N), a U.S. air taxi startup backed by Japanese automaker Toyota Motor Corp (7203.T), said on Tuesday it has applied to Japan's transport ministry for aircraft certification as it prepares to launch urban transportation services. Joby, in which Toyota has invested $394 million, designs and builds all-electric vertical take-off and landing (eVTOL) aircraft. The startup in May received certification from the U.S. Federal Aviation Administration (FAA) allowing it to begin commercial air-taxi operations with conventional aircraft. The California-based startup has more regulatory hurdles to clear in the United States before its five-seater eVTOL aircraft can fly passengers. Register now for FREE unlimited access to Reuters.com RegisterReporting by Mariko Katsumura; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

☆ UBS gives long-term buys for the transportation revolution from self-driving cars to sky taxis
▼ + stars: | 2022-10-12 | by ( Jesse Pound | ) www.cnbc.com time to read: +3 min

Transportation could undergo a significant transformation in the coming decades, and that could create upside for some well-known stocks, according to UBS. Those opportunities include high-speed rail, electric vehicles, sky taxis, self-driving cars and so-called "last-mile" solutions for shorter transport. "The technology is still a work in progress, but most governments are supportive of innovation and the benefits that come with SDVs, though they impose strict testing requirements," the UBS note said. Smaller vehicles, like electric scooters and motorcycles, are also seen as a growing category. Indian and Japanese companies like Suzuki are expected to outperform for motorcycles and other smaller vehicles, but UBS does list Polaris as a buy.

☆ Delta to Invest in Flying-Taxi Maker to Offer Rides to Airports
▼ + stars: | 2022-10-11 | by ( Alison Sider | ) www.wsj.com time to read: 1 min

Delta is betting on flying-taxi rides to and from airports, announcing a $60 million investment in Joby Aviation and plans to offer service in New York and Los Angeles. Delta Air Lines investment will give it a 2% stake in Joby, which also has been backed by Uber Technologies and went public last year. Delta said its investment could grow up to $200 million if certain milestones in the development and delivery of the service are reached.

☆ Delta Air invests $60 mln, takes stake in air taxi startup Joby Aviation
▼ + stars: | 2022-10-11 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

The Joby Aviation logo is seen outside of the New York Stock Exchange (NYSE) ahead of their listing in Manhattan, New York City, U.S., August 11, 2021. REUTERS/Andrew KellyWASHINGTON, Oct 11 (Reuters) - Delta Air Lines (DAL.N) said Tuesday it invested $60 million in air taxi startup Joby Aviation (JOBY.N) for a 2% equity stake, in a partnership that will initially offer passengers air taxi transport to and from airports in New York and Los Angeles. Joby has said it plans to launch air taxi service in 2024. Delta does not plan, however, to operate Joby aircraft, Bastian said. He said he hopes at some point the air taxis will be able to land on the tarmac to speed journeys.

☆ Delta invests in electric air taxi startup Joby, plans last-mile airport service
▼ + stars: | 2022-10-11 | by ( Phil Lebeau | ) www.cnbc.com time to read: +2 min

A Joby Aviation Electric Vertical Take-Off and Landing (eVTOL) aircraft outside the New York Stock Exchange (NYSE) during the company's initial public offering in New York, U.S., on Aug. 11, 2021. Delta Air Lines , which has watched competitors map future plans with electric vertical takeoff and landing aircraft startups, is joining the growing list of airlines looking to make short trips to and from airports faster and easier. The carrier is investing $60 million in startup Joby Aviation, which is planning to build and operate an electric vertical takeoff and landing aircraft, or eVTOL, effectively an air taxi. Delta will also have an exclusive five-year partnership with Joby operating eVTOLs as part of the Delta network. Delta's deal with Joby means the three legacy airlines in the U.S. have all taken stakes with eVTOL startups.

☆ Delta just gave the clearest indication yet of how electric flying taxis will change the experience of flying with airlines
▼ + stars: | 2022-10-11 | by ( Taylor Rains | ) www.businessinsider.com time to read: +2 min

Delta Air Lines has made a $60 million investment in an eVTOL aircraft. The five-seater air taxi is being produced by Joby Aviation and is planned to enter service by 2024. Delta says it will help some customers avoid traffic by quickly transferring between city centers and airports. The aircraft, which is expected to enter service as soon as 2024, is engineered to fly up to 200 miles per hour with a range of 150 miles. In addition to Delta, Joby has partnered with Tokyo-based All Nippon Airways to bring air taxi transfers to Japan.

☆ Kitty Hawk, the flying car company backed by Google cofounder Larry Page, is winding down
▼ + stars: | 2022-09-21 | by ( Hugh Langley | ) www.businessinsider.com time to read: +2 min

Kitty Hawk, the flying car company backed by Larry Page, is winding down. It recently wound down its Heaviside flying car project and moved back to research and development. Kitty Hawk, the flying car company backed by Google cofounder Larry Page, is winding down. Thrun, a self-driving car pioneer and a Google veteran, founded Kitty Hawk in 2010, and Page financially propped it up. Page also backs another flying car company named Opener, although Kitty Hawk sources say the two companies barely interact.

☆ Meet 11 people leading the aviation industry's push to slash emissions and ditch fossil fuels
▼ + stars: | 2022-05-31 | by ( Maia Anderson | ) www.businessinsider.com time to read: +14 min

Experts have estimated that aviation is responsible for nearly 2% of global greenhouse-gas emissions and 2.5% of carbon-dioxide emissions. Some aviation giants, like United, are signing purchase agreements to buy electric aircraft. Today he serves as CEO and chairman of the company, which aims to be a pioneer in electric aircraft. In 2000 he founded Aviation Technology Group, which developed the ATG Javelin very light jet before ceasing operations in 2007. He is also a founding member of the Nordic Network for Electric Aviation.

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