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Study questions air taxi cost structures, passenger prices

air taxi cost

A main selling point of companies developing next-generation electric aircraft is that the nearing launch of air taxis will not only provide passengers faster commute times across cities or to airports than current ground transportation, but also offer those services at costs close to those of regular cabs. A recent study, however, raises questions about what those prices will actually involve.

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Archer, United announce air taxi service between Manhattan and Newark Airport

Archer air taxi Newark

California-based air taxi plane developer Archer Aviation has announced the first airport-to-city-center route it intends to operate beginning in 2025, connecting Manhattan and the Newark Liberty International Airport hub of the company’s shareholder and strategic partner United Airlines.

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FAA issues Joby eVTOL air taxi-airworthiness criteria

Joby eVTOL taxi FAA

Less than a week after it announced the postponement of its planned 2024 launch of air taxi services due in part to expected delays in Federal Aviation Administration (FAA) guidelines on craft certification, Joby has received the regulator’s proposed airworthiness criteria for its electric takeoff and landing planes (eVTOL).

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Joby pushes eVTOL air taxi launch date back to 2025

Joby eVTOL taxi

Joby, a leading developer of electric vertical takeoff and landing (eVTOL) aircraft for air taxis and other services, has said it is pushing plans to launch commercial transportation services back a year to 2025, citing internal considerations and shifts in Federal Aviation Administration (FAA) certification criteria.

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Joby eVTOL production, air taxi targets attacked by shorting hedge fund

Joby eVTOL air taxi

Will Joby become the Tesla of futuristic electric takeoff and landing craft (eVTOL) and operator of sustainable air taxi services while having to battle the kind of ferocious nay-saying that Elon Musk did? In some ways it already has, after attracting the unwanted attention of a hostile hedge fund that’s reinforcing its short positions on the company’s stock by circulating in-house research dramatically decrying the activity and revenue targets Joby presented to its investors as utterly unattainable.

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Lilium’s annual 400 eVTOL air taxi production goal seeks new funding

Lilium eVTOL air taxi

This is shaping up to be a busy and auspicious week for electric takeoff and landing (eVTOL) air taxi developer Lilium. Just days after the German company hailed the success of its Phoenix 2 prototype’s first full transition flight, its boss announced a search for new funding to enable what he said would be initial production targets of 400 craft each year.

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United adds Eve Mobility as AAM partner in multimillion-dollar deal

FAA advanced aviation

United Airlines is making it clear it believes in the kind of next-generation advanced air mobility (AAM) craft that will provide inner-urban and even intracity transportation in coming years, but its new $15 million investment in air taxi developer Eve is also an indication it won’t be keeping its relationships with sector start-ups exclusive.

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United pre-pays eVTOL firm Archer $10 million of $1 billion UAM order

United Archer air taxi

Archer Aviation reported passing another milestone in its efforts to develop electric takeoff and landing (eVTOL) aircraft for use in aerial services like air taxis, with the receipt of a $10 million pre-payment from United Airlines as part of its 2021 transaction for 100 urban air mobility (UAM) vehicles.

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