As it looks ahead to the costs of scaling up production and launching a commercial air taxi service, Joby Aviation is contemplating the sale and leaseback of its electric vertical take-off and landing aircraft as one possible approach to financing its vertically integrated business model.
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Log-in here if you’re already a subscriber Release DateJune 8, 2023Newly proposed FAA rules could create eVTOL pilot training hurdlePurchase...
Log-in here if you’re already a subscriber Release DateOctober 4, 2022Pioneering Air Force eVTOL program looks set to enter new...
This essential reporting from The Air Current is now available for all to enjoy courtesy of the General Aviation Manufacturers Association (GAMA)....
Log-in here if you’re already a subscriber Since 2016, when Uber Elevate launched electric vertical take-off and landing aircraft into...
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Log-in here if you’re already a subscriber Release DateNovember 10, 2023The competition around an eVTOL charging standard heats upPurchase a...
These findings imply that the first wave of eVTOL developers should focus less on pitching their services as a daily commuting solution, and more on a mix of use cases that can support a practical and profitable roll-out. There’s a chicken-and-egg element involved in scaling UAM: driving costs low enough to create the demand that will drive costs down even further. While there are additional hurdles to scale (such as coordinating thousands of low-altitude flights per day in congested urban airspace) economics will be front and center in establishing this new industry’s viability, and the evidence suggests that if you build a system for commuters alone, they won’t come.