Joby Completes Blade Passenger Business Acquisition
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Joby Aviation, Inc. has completed its acquisition of Blade Air Mobility’s passenger business. The transaction gives Joby access to Blade’s network of terminals and established customer base in markets including New York and Southern Europe. The acquisition supports Joby’s planned entry into commercial service with its all-electric vertical takeoff and landing (eVTOL) aircraft once certified.
"Blade’s loyal flyers will be among the first to experience this new mode of transportation, and over time we look forward to making it even easier to access, integrated seamlessly into the apps and services people already use every day,” said JoeBen Bevirt, founder and CEO of Joby.
As part of the transaction, Joby will continue Blade’s passenger operations as a wholly-owned subsidiary, led by Blade’s founder and CEO Rob Wiesenthal.
