Joby Aviation, Inc. (NYSE:JOBY) is one of the stocks Jim Cramer recently offered insights on. While discussing speculative stocks like Joby, Cramer said the cohort reminded him of the dot-com era. He said: “It’s the speculative stocks that remind me of the dot-com era, a group of companies with no earnings to speak of that…
British airline Virgin Atlantic and commuter aviation startup Joby Aviation have partnered to offer seamless booking and quicker travel to and from airports in the UK using air taxis. The country’s government is yet to approve air taxis. Joby Aviation said it envisions 11-minute short hops connecting Heathrow Airport and Canary Wharf at prices “comparable…
By Abhijith Ganapavaram, Shivansh Tiwary (Reuters) -The race to become the first Western air-taxi company to carry passengers lost a high-profile competitor this month when Germany’s Lilium succumbed to a cash crisis, throwing a fresh spotlight on a major hurdle for the fledgling industry. Almost halfway into the decade in which air-taxi makers have promised…