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Joby Aviation shares climb on exclusive UK air taxi partnership with Virgin Atlantic (NYSE:JOBY)
InvestorsHub21d agobullish
Joby Aviation shares climb on exclusive UK air taxi partnership with Virgin Atlantic (NYSE:JOBY)

Virgin Atlantic to become exclusive UK airline partnerJoby Aviation (NYSE:JOBY) shares gained 4% on Wednesday after the electric aircraft developer announced a long-term partnership with Virgin Atlantic to introduce commercial air taxi services across the United Kingdom. The agreement, unveiled during the Farnborough International Airshow, names Virgin Atlantic as Joby’s exclusive airline partner for UK air taxi operations.

Joby And Toyota Deepen Air Taxi Partnership With New Manufacturing JV
Benzinga40d agobullish
Joby And Toyota Deepen Air Taxi Partnership With New Manufacturing JV

Joby Aviation, Inc. stock rose Tuesday after the company and Toyota Motor Corporation formed a joint venture to support commercial production and scale-up of Joby’s electric air taxi aircraft. This builds upon a deep, multi-year collaboration and follows Toyota’s massive...

Joby, Toyota form electric air taxi joint venture
Manufacturing Dive42d agoneutral
Joby, Toyota form electric air taxi joint venture

The new entity is part of the companies’ strategic alliance that has been in the works since 2024, which aims to support the certification and commercial production of Joby’s eVTOL aircraft.