Close Menu
Fin Street NewsFin Street News
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
  • More Articles

Subscribe to Updates

Get the latest finance and business news and updates directly to your inbox.

Trending
I knew Bangkok would be cheaper than New York. I didn’t expect it to feel so much kinder.

I knew Bangkok would be cheaper than New York. I didn’t expect it to feel so much kinder.

June 30, 2026
Mark Zuckerberg says he doesn’t buy the anxiety about AI-related job displacement

Mark Zuckerberg says he doesn’t buy the anxiety about AI-related job displacement

June 30, 2026
SpaceX’s AI boom comes with a perk for Memphis residents: half-price for Starlink

SpaceX’s AI boom comes with a perk for Memphis residents: half-price for Starlink

June 30, 2026
8 things passengers should stop wasting money on, according to a flight attendant

8 things passengers should stop wasting money on, according to a flight attendant

June 30, 2026
A judge blocks Trump’s plan to limit a major student-loan forgiveness program for public servants

A judge blocks Trump’s plan to limit a major student-loan forgiveness program for public servants

June 30, 2026
Facebook X (Twitter) Instagram
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
June 30, 2026 8:31 pm EDT
|
Facebook X (Twitter) Instagram
  Market Data
Fin Street NewsFin Street News
Newsletter Login
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
  • More Articles
Fin Street NewsFin Street News
Home » The future of aviation may be this Jetsons-like air taxi. I saw it fly over NYC for the first time.
The future of aviation may be this Jetsons-like air taxi. I saw it fly over NYC for the first time.
Markets

The future of aviation may be this Jetsons-like air taxi. I saw it fly over NYC for the first time.

News RoomBy News RoomMay 2, 20263 ViewsNo Comments

Electric air taxis buzzing over Manhattan are moving from sci-fi fantasy to something much closer to reality.

Along the Manhattan waterfront on Friday, a small crowd gathered to watch what would have seemed implausible just a few years ago: a piloted electric flying car lifting off and cruising down the Hudson.

The new flying contraptions by US-based Joby Aviation — which has a market value of about $9 billion — have six propellers on top and promise to cut travel time from downtown Manhattan to metro airports like JFK and LaGuardia from more than an hour to fewer than 10 minutes.

And unlike traditional helicopters that run on fossil fuels, these eVTOLs, or “electric vertical takeoff and landing” aircraft, are, as the name suggests, electric and zero-emission. They take off like a helicopter — but are much quieter — and can tilt their rotors forward to fly forward fast, similar to a propeller-driven aircraft.

I have seen Joby’s eTVOL at a number of airshows and events over the years, watching them develop into the product they aim to soon certify — but I’ve never seen one in flight. This was one of a handful of demo point-to-point flights over NYC this week; Joby’s first-ever was on Monday.

Highly-experienced Joby test pilot James “Buddy” Denham flew the eVTOL — which carries up to four passengers and one pilot — down the Hudson River to the 34th East St heliport from New York’s John F. Kennedy International Airport. I was a spectator, not onboard.

After seeing it in a full-flight demonstration, I’m almost convinced the future of aviation is here.

Though key hurdles remain, namely certification by the Federal Aviation Administration, the funding for new charging infrastructure, and whether New Yorkers — and the public as a whole, since Joby wants its eVTOLs flying all over the US — will embrace the Jetsons-like aircraft overhead.

In the air, the aircraft proved it is significantly quieter than a helicopter — about 45 decibels, or less than half that of its noisy sister craft. When the eVTOL took off for its return to New York-JFK airport, it lifted off vertically before shifting its rotors 90 degrees into forward flight over the water.

During its takeoff, a chase helicopter capturing video and monitoring the craft flew past, its louder engines rumbling. Although not the primary purpose, it was a great example of the noise difference.

The six tilting propellers, powered by electric batteries, rotate more slowly than traditional helicopter blades and can independently adjust their tilt, pitch, and rotation, contributing to the eVTOL’s low noise, safety, and controllability.

Rob Wiesenthal, the founder and CEO of Blade — the company that sold its passenger transport business to Joby in August 2025 for up to $125 million — told me at the event that the recharge time would be just five to 10 minutes, making turnarounds quick and efficient.

Joby is one of a handful of startups and legacy manufacturers trying to capitalize on a race to design air taxis that will soon be seen across the skylines of US cities.

Other US companies, like Archer Aviation and Beta Technologies, are also using high-profile demos to show how their aircraft could shuttle passengers through traffic-clogged corridors.

Joby plans to market and sell its flights through a partnership with Delta — essentially, travelers deplane from their jetliner near Manhattan or Los Angeles and transfer to the eVTOL to fly into the city. Delta would handle the bookings and customer interface, Joby would operate the flights.

“Showing the Joby aircraft in the wild with the noise of fire engines and the New York City noisescape, it fades into the background,” Wiesenthal said. “That’s something that’s never happened before, not to mention the appreciation for this new aircraft type that was built from the ground up.”

He added that as fuel costs and availability remain unpredictable amid the oil crisis triggered by the war against Iran, electric air taxis could have an edge over helicopters that burn expensive jet fuel.

Wiesenthal pegged Joby’s eVTOL fares at roughly the price of an Uber Black — though on a per-seat basis, not per ride. He didn’t give an exact number, but the Uber Black price around 2 pm Friday between JFK and the heliport is just under $150.

Blade’s helicopter transfers (which operate under Joby), by comparison, are about $250 on the same route at the same time. These can be as low as $195, depending on the day and route. Joby is partnered with Uber, with the hope of eventually deploying a rideshare app using air taxis instead of cars.

Joby’s demonstration flight is part of a broader push by the US Department of Transportation to accelerate the rollout of electric air taxis in major cities.

The electric air taxis can use a city’s existing heliports. A network of chargers and vertiports has been or is planned to be constructed across Joby’s planned network, which also includes Florida and California.

Its acquisition of Blade’s passenger arm also gave it access to existing heliports and air shuttle operations knowledge needed to support the eVTOL business.

Wiesenthal said he expects to get regular air taxi service up and running in New York City by the end of 2026; its eVTOL is roughly two-thirds through the certification process, though it could still face delays in the evolving aviation industry.

Its competitors are on similar timelines, but the rollout depends on how well these companies can prove to regulators the reliability, safety, and functionality of the new technology.

“This administration has accelerated the advancement of advanced air mobility like no other,” Wiesenthal said. “[Transportation Secretary Sean Duffy] wants to beat China; it’s leaning into these aircraft, so the ability to embrace this new technology is so important.”



Read the full article here

Share. Facebook Twitter LinkedIn Telegram WhatsApp Email

Keep Reading

I knew Bangkok would be cheaper than New York. I didn’t expect it to feel so much kinder.

I knew Bangkok would be cheaper than New York. I didn’t expect it to feel so much kinder.

SpaceX’s AI boom comes with a perk for Memphis residents: half-price for Starlink

SpaceX’s AI boom comes with a perk for Memphis residents: half-price for Starlink

A judge blocks Trump’s plan to limit a major student-loan forgiveness program for public servants

A judge blocks Trump’s plan to limit a major student-loan forgiveness program for public servants

In an AI world, taste is a competitive advantage for brands

In an AI world, taste is a competitive advantage for brands

I regret visiting 6 different places during my 2-week trip to Europe. Next time, I’m choosing quality over quantity.

I regret visiting 6 different places during my 2-week trip to Europe. Next time, I’m choosing quality over quantity.

Serena Williams arrived at Wimbledon with a ,000 pink watch. Here’s a look at her timepiece and other A-list wrist candy.

Serena Williams arrived at Wimbledon with a $45,000 pink watch. Here’s a look at her timepiece and other A-list wrist candy.

C-141 Starlifters transported troops and cargo for over 40 years before C-17s made them obsolete. Take a look inside.

C-141 Starlifters transported troops and cargo for over 40 years before C-17s made them obsolete. Take a look inside.

Disney M class action settlement covers YouTube TV subscribers

Disney $50M class action settlement covers YouTube TV subscribers

Nursing and dozens of other programs are officially added to Trump’s higher student-loan limits — for now

Nursing and dozens of other programs are officially added to Trump’s higher student-loan limits — for now

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Mark Zuckerberg says he doesn’t buy the anxiety about AI-related job displacement

Mark Zuckerberg says he doesn’t buy the anxiety about AI-related job displacement

June 30, 2026
SpaceX’s AI boom comes with a perk for Memphis residents: half-price for Starlink

SpaceX’s AI boom comes with a perk for Memphis residents: half-price for Starlink

June 30, 2026
8 things passengers should stop wasting money on, according to a flight attendant

8 things passengers should stop wasting money on, according to a flight attendant

June 30, 2026
A judge blocks Trump’s plan to limit a major student-loan forgiveness program for public servants

A judge blocks Trump’s plan to limit a major student-loan forgiveness program for public servants

June 30, 2026
High-functioning depression can be hard to spot, a psychiatrist says. People-pleasing can hide it even more.

High-functioning depression can be hard to spot, a psychiatrist says. People-pleasing can hide it even more.

June 30, 2026

Latest News

In an AI world, taste is a competitive advantage for brands

In an AI world, taste is a competitive advantage for brands

June 30, 2026
7 Side Hustles That Are Actually Worth the Time — and 3 That Are Not

7 Side Hustles That Are Actually Worth the Time — and 3 That Are Not

June 30, 2026
Erroneous hijack alert on a flight to Tel Aviv triggered fighter escorts and an emergency landing

Erroneous hijack alert on a flight to Tel Aviv triggered fighter escorts and an emergency landing

June 30, 2026

Subscribe to News

Get the latest finance and business news and updates directly to your inbox.

Advertisement
Demo
Facebook X (Twitter) Pinterest TikTok Instagram
2026 © Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.