
AeroGenie — Uw intelligente copiloot.
Trending
Categories
Joby Aviation Shares Rise 5% Following Air Taxi Demonstration in California

Joby Aviation Shares Rise 5% Following Air Taxi Demonstration in California
Joby Aviation (NYSE: JOBY) saw its shares increase by nearly 5% on Monday morning after successfully demonstrating its all-electric air taxi at the California International Airshow in Salinas over the weekend. The demonstration highlighted the aircraft’s vertical takeoff and landing capabilities, seamless cruise transitions, and notably quiet operation—features that are critical to the future of urban air mobility. Attendees witnessed round-trip flights between Marina and Salinas, providing an up-close view of the technology that aims to transform urban transportation.
Expanding Demonstrations and Strategic Partnerships
This California event forms part of Joby’s broader strategy to position itself as a frontrunner in the competitive electric vertical takeoff and landing (eVTOL) market. Concurrently, the company is conducting demonstration flights in Osaka, Japan, in collaboration with ANA Holdings, with activities scheduled through October 13. Founder and CEO JoeBen Bevirt emphasized that showcasing the aircraft in real-world conditions highlights the transformative potential of urban air transport.
Joby has accumulated over 40,000 miles in demonstration flights globally, including in Dubai, South Korea, and New York City. The company is also a participant in the White House eVTOL Integration Pilot Program, which seeks to accelerate the deployment of electric air taxis across the United States. Flight testing for Federal Aviation Administration (FAA) type inspection authorization is anticipated to commence early next year.
Investor confidence has been further bolstered by Joby’s recent $125 million agreement with Blade Air Mobility. This partnership will integrate helicopter and seaplane services into the Uber app, with a rollout expected as early as 2026. Meanwhile, Blade Urban Air Mobility plans to operate flights projected to transport approximately 3,000 passengers to the 2025 Ryder Cup.
Challenges and Market Outlook
Despite the positive market response and strategic collaborations, Joby and the wider eVTOL sector face significant challenges. Regulatory approval remains a critical obstacle, and public acceptance of air taxis is yet to be fully established. Competition is intensifying, with rivals such as Archer Aviation preparing to join the White House’s flying taxi program and planning public demonstration flights by October 2025. Both companies are actively pursuing sustainable revenue streams, including military contracts and ride-sharing services.
Analysts, including those at Cantor Fitzgerald, currently maintain a neutral rating on Joby, reflecting the balance between the promising potential and inherent risks within the emerging urban air mobility market.

Boeing Shares Under Pressure as Turkish Airlines Considers Switching 737 MAX Order to Airbus

Oneworld Innovation Summit Highlights Advances in Aviation

Airbus Books 10 A350 Orders in September, Including 2 ACJs

Turkish Airlines May Replace Boeing 737 MAX Order with Airbus Jets Amid Engine Supply Dispute

Urban Air Mobility Market Projected to Reach $54 Billion by 2032 Amid Growing Urban Congestion

Experts Warn Draft Aircraft Leasing Rules Could Deter Lessors

Ramco Systems to Implement Engine MRO Solutions

Seized Piston Causes Complete Engine Failure in Plane Grounded for a Decade

WWII Spitfire Makes Emergency Landing After Engine Failure
