Investing.com — shares rose 3.8% Monday after the company completed New York City’s first point-to-point electric vertical takeoff and landing air taxi demonstration flights.
Joby’s aircraft departed from John F. Kennedy International Airport and landed across the city’s heliport network, including Downtown Skyport and the West 30th Street and East 34th Street Heliports in Midtown. The routes connected Lower Manhattan and Midtown to JFK in under 10 minutes, compared to typical 60-to-120-minute drives.
The week-long flight campaign marks the company’s participation in the federal eVTOL Integration Pilot Program, established by executive order to accelerate commercial rollout of electric air transportation. The Port Authority of New York and New Jersey worked with Joby and the FAA to enable the demonstration flights.
Joby’s commercial strategy in New York builds on its 2025 acquisition of Blade Air Mobility’s passenger business. Blade served more than 90,000 passengers in 2025 and provides infrastructure in Manhattan and at New York area airports.
The company aims to launch commercial air taxi service through partnerships with and . The service is designed to transform airport commutes, addressing traffic congestion that cost New York commuters an estimated 102 hours in 2025.
Joby continues to progress through final stages of FAA certification. The company recently flew its first conforming aircraft for Type Inspection Authorization, which will enable FAA pilots to conduct for-credit tests.
The New York demonstrations follow Joby’s Bay Area flight campaign, which included a flight over the Golden Gate Bridge as part of the company’s 2026 Electric Skies Tour.
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