Air Taxi
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Joby Aviation Acquires Blade’s Ridesharing Business in $125 Million Deal
Joby Aviation has acquired Blade Air Mobility’s helicopter ridesharing business for $125 million, marking a significant step towards commercial air taxi operations. Blade’s medical transport division will spin off into a separate entity.
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Joby Aviation Stock Surges Amid Industry-Wide Optimism
Joby Aviation’s stock has soared this week due to milestones in manufacturing, FAA certification, and test flights, highlighting growing confidence in the air taxi sector.