The AP reports that Delta has invested $60 million to take a 2% stake in Joby Aviation and could invest as much as another $140 million as the manufacturer of air taxis hits key milestones. Joby makes electric-powered vertical take-off and landing (eVTOL) aircraft, which the company says will begin flying in 2024.
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Tag: Delta
Delta, Airbus Partner on Hydrogen-Powered Aircraft Development
Reuters reports that Delta Air Lines plans to help Airbus in its effort to develop a hydrogen-powered passenger aircraft. Delta highlighted that the partnership does not entail any financial investment on its part. Airbus research and technology VP Amanda Simpson stated that the company has plans to produce a small “ZEROe” passenger aircraft powered by hydrogen to enter service in 2035 and get feedback from customers while the next aircraft is being developed. The carrier said the partnership would also advocate for a decarbonized future in aviation, including hydrogen pathways, with key stakeholders. The Boeing Company has been more skeptical about commercial prospects for hydrogen-powered air transport by 2035, putting the greater public focus on SAF.
Full Story (Reuters)