Flying Taxis Are Almost Here: Joby, Archer Aviation Applaud New FAA Regulations For eVTOL Aircraft
Portfolio Pulse from Erica Kollmann
The FAA has issued a new rule establishing a 'powered lift' category for eVTOL aircraft, paving the way for air taxis in the U.S. Companies like Joby Aviation and Archer Aviation are set to benefit, with plans to launch commercial services by 2025.
October 25, 2024 | 5:02 pm
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POSITIVE IMPACT
Archer Aviation welcomes the FAA's new regulations, which are crucial for their plans to commercialize eVTOL air taxis in the U.S. by 2025.
The FAA's regulations are a key operational milestone for Archer, aligning with their strategic goals and timelines for launching air taxi services.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Delta Air Lines has partnered with Joby Aviation to operate air taxi flights, benefiting from the FAA's new eVTOL regulations.
Delta's partnership with Joby for air taxi services is supported by the FAA's new regulations, potentially enhancing their service offerings and market reach.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
Joby Aviation is set to benefit from the FAA's new 'powered lift' category, which supports their plans to launch commercial air taxi services by 2025.
The FAA's new regulations directly support Joby's business model and timeline for launching air taxi services, enhancing their market position and growth potential.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 90