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VisitCompany with Largest Market Share in U.S. Air Taxi Operations by 2025?
Joby Aviation • 25%
Archer Aviation • 25%
Lilium • 25%
Other • 25%
Market analysis reports from industry analysts or financial institutions
FAA Introduces First New Aircraft Category in 80 Years for Air Taxis
Oct 24, 2024, 08:54 PM
The Federal Aviation Administration (FAA) has announced a new rule to integrate powered-lift aircraft, such as air taxis, into U.S. airspace. This marks the creation of the first new aircraft category in 80 years. The announcement was celebrated by key figures including Ranking Member Rep. Rick Larsen, Chairman Rep. Sam Graves, and FAA Administrator Mike Whitaker. The new regulations, announced ahead of schedule, are seen as a significant step forward for companies like Joby Aviation, which have been at the forefront of developing electric vertical takeoff and landing (eVTOL) aircraft. This regulatory update is expected to shape the future of passenger and cargo transport.
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