Delta CEO Sees Years Before Air Taxi Service Scales Up, Bloomberg reports

Delta Air Lines Inc (NYSE:DAL )'s CEO Ed Bastian said on Wednesday that the company's collaboration with Joby Aviation (NYSE:JOBY ) Inc to provide air taxi services to airports will require several years to expand significantly following its initial launch.

Bastian, during an interview with Bloomberg TV, said that the first air taxi flights in New York City and Los Angeles are anticipated to commence "in the next couple of years."

The broader rollout of this innovative transportation option is expected to be a gradual process, potentially spanning "three years, five years, seven years," Bastian told Bloomberg.

Delta's investment in the air taxi initiative is underscored by its approximately 1.4% stake in Joby Aviation, a company specializing in electric aviation technology.

This stake, as reported by data compiled by Bloomberg, signifies Delta's commitment to innovative solutions in the aviation industry.

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Source: Investing.com