US Government Launches Pilot Program for Air Taxis
The Trump administration has announced the launch of a new pilot program aimed at accelerating the deployment of air taxis, with the Federal Aviation Administration (FAA) steering the initiative. Joby Aviation and Archer Aviation, two key players in the electric vertical takeoff and landing (eVTOL) sector, have joined this government program that allows startups to conduct flight operations before full certification. This move is seen as a significant step towards integrating advanced air mobility into the transportation landscape. Joby Aviation’s stock has recently experienced volatility, yet participation in the White House eVTOL program has boosted investor confidence, leading to a surge in share prices. As the FAA collaborates with these companies, air taxis may soon become a reality in urban environments, revolutionizing the way we think about city travel.
The New York Times, CNBC, Archer Aviation, Reuters, "Barrons", Seeking Alpha, TechCrunch, MSN, Aviation Week Network, Travel And Tour World