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Transportation Secretary Sean Duffy and acting administrator for the Federal Aviation Administration Chris Rocheleau announced a “new road map” for getting air taxis into the sky.

Electric aircraft maker Archer Aviation expects its defense-related sales to outstrip commercial air taxis in the short term.

Joby Aviation is working toward an agreement to sell as many as 200 of its air taxis to a major Saudi Arabian investor in a deal potentially worth as much as $1 billion.

Toyota has invested $250 million in Joby Aviation, completing the first half of a previously announced $500 million commitment and becoming the air taxi maker’s largest shareholder.

Well-heeled workers that live in the New York City suburbs will soon have a lofty path to avoiding gridlock en route to their Manhattan offices.

Joby Aviation, Archer Aviation and Wisk Aero race to bring air taxis to market in US.    

Joby Aviation and other ambitious companies collectively have raised billions of dollars to turn air taxis into reality.

Toyota is boosting its investment in air taxi manufacturer Joby Aviation by $500 million to support plans for commercial production, bringing its total investment to $894 million.

Joby Aviation said it received regulatory clearance to use software products that the electric aviation startup has developed in-house since acquiring Uber’s air taxi division in 2021.

Joby Aviation Inc. expects to launch its flying taxi service in Dubai before anywhere else, including the startup’s home turf in the U.S.