Global Scans · Air taxi · Weekly Summary

• Currently sitting in fifth place on the AAM Reality Index - and with a bullet - Archer is making steady progress in its mission to get fully certified electric air taxis into commercial service by 2025. New Atlas
• Archer signed a memorandum of understanding with the Abu Dhabi Investment Office to make Abu Dhabi its first international launch partner when it plans to launch air taxi operations in 2026. MarketBeat
• Joby's electric air taxis could be transporting passengers from JFK Airport to downtown Manhattan by 2025 on quiet, emissions-free journeys that take around seven minutes. Amex GBT - United Kingdom
• Much ado has been made about the commercial launch of electric vertical takeoff and landing (eVTOL) air taxis in the U.S., with the earliest entrants expected to begin passenger-carrying operations in 2025. Flying Magazine
• When commercial operations begin in the United Arab Emirates, Archer's piloted, four-passenger air taxis will perform rapid back-to-back flights, replacing 60 - to 90-minute car commutes with estimated 10-to - 20-minute flights that are sustainable and cost-competitive. Electrek
• The first commercial service from air taxis in the United States is expected in 2025. Govtech
• Electric air taxis could be transporting passengers from JFK Airport to downtown Manhattan by 2025 - on quiet, emissions-free journeys that take around seven minutes. MarketScreener
• Air taxis, also known as eVTOL aircraft, could come to major cities as soon as 2025, but few local governments have policies for new vertiports. Smart Cities Dive
• Archer Aviation announced an agreement with the Abu Dhabi Investment Office to make Abu Dhabi its first international launch partner, with plans to commence air taxi operations in 2026. Seeking Alpha
• Hanwha Systems plans to operate air taxis when preparations for commercialization, such as gas development, are completed. archyde
• Urban air mobility will be a major focus in 2024, with the Summer Olympics in Paris and planned air taxi launches. Simple Flying
• Joby Ohio's new assembly-line manufacturing facility will build, test, and fly all-electric, vertical take-off and landing (eVTOL) air taxis that will predominantly be used for commercial passenger operations. Benzinga
• The second biggest growth opportunity identified is shared mobility - which includes shared autonomous vehicles, hailed vehicles, car sharing and air taxis - with a potential to exceed $40bn (£30.5bn) in GWP by 2030. Chartered Insurance Institute (CII)
• The second biggest growth opportunity identified is shared mobility - which includes shared autonomous vehicles, hailed vehicles, car sharing and air taxis - with a potential to exceed $40+ billion in GWP by 2030. Actuarial Post
• The FAA's goal is to finalize the powered-lift SFAR by the end of 2024, enabling commercial air taxi operations to begin in the U.S. in 2025 as planned by Archer and Joby Aviation. Aviation Week
• United Airlines has plans to partner with Eve Air Mobility on an electric air taxi service to bring commuters to and from the San Francisco International Airport beginning in 2026. EcoWatch
• Joby Aviation and Archer Aviation are among the U.S. air taxi companies furthest along in that certification process, and both hope to have certified aircraft and start commercial services in 2025, ahead of the F.A.A.'s 2028 goal. The New York Times
• As eVTOL air taxis advance toward certification and operation in the US, aviation regulators project the first commercial air taxi services to begin in late 2024 or early 2025. Metropolitan Airport News
• An electric aircraft capable of taking off and landing like a helicopter has received a US regulatory permit to begin test flights - paving the way for delivery to the US Air Force in 2024 and the possible start of an air taxi service in 2025. New Scientist
• Next summer, France plans to have a fleet of electric air taxis ready for use around Paris during the 2024 Summer Olympics and Paralympics. Quartz
• Eve Air Mobility, an Embraer affiliate company developing a four-passenger eVTOL air taxi, will become Nidec Aerospace's launch customer. FutureFlight
• Last week, Delta Air Lines said it invested $60 million in air taxi startup Joby Aviation for a 2% equity stake, in a partnership that initially plans to offer passengers air taxi transport to and from airports in New York and Los Angeles. Reuters
• UAM still significantly lacks the necessary infrastructure, safety regulations and social acceptance to begin operations, necessitating a great deal of work over the next two to three years if Seoul is going to have air taxis flying over traffic by the middle of this decade. Aerospace America

Last updated: 11 February 2024