"Joby Aviation Is Rumored To Have Partnered With Virgin Atlantic, Planning A Commemorative eVTOL Photo Shoot In London, Aligning With Its Existing Deal With Delta, Which Owns Half Of Virgin Atlantic, Suggesting A Partnership Offering Premium Air-Taxi Services From Vertiports To
Airports, Similar To Delta's Deal Involving A $60M Investment Plus Potential Additional Funding" - Tech Crunch
Portfolio Pulse from Benzinga Newsdesk
Joby Aviation is rumored to have partnered with Virgin Atlantic for a commemorative eVTOL photo shoot in London. This aligns with its existing deal with Delta, which owns half of Virgin Atlantic, suggesting a partnership for premium air-taxi services from vertiports to airports.
August 29, 2024 | 5:19 pm
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POSITIVE IMPACT
Delta's existing deal with Joby Aviation, involving a $60M investment, is complemented by Joby's rumored partnership with Virgin Atlantic, potentially enhancing Delta's air-taxi service offerings.
Delta's investment in Joby and its ownership stake in Virgin Atlantic could lead to expanded air-taxi services, potentially benefiting Delta's strategic positioning and stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
Joby Aviation is rumored to partner with Virgin Atlantic, aligning with its existing deal with Delta. This suggests a potential expansion in premium air-taxi services.
The partnership with Virgin Atlantic, supported by Delta's existing investment, could enhance Joby's market position in the eVTOL space, potentially boosting its stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90