Tag: Invests

Alaska Airlines Becomes First Commercial Operator to Invest in JetZero’s Blended Wing Body

Aviation Week reports, “Alaska Airlines has become the first commercial operator to declare serious interest in the blended wing body (BWB) aircraft under development by JetZero, signing options for an undisclosed number of aircraft while investing in the California-based startup. … JetZero has also revealed that Alaska was the first airline to back the company when it made a previously undisclosed initial investment in 2023 as part of the startup’s Series A financing round after it emerged from stealth mode.”|
Full Story (Aviation Week)

Delta Invests $60 Million in Air Taxi Startup

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.
Full Story (Associated Press)