InvestorsHub Logo
Followers 84
Posts 32206
Boards Moderated 85
Alias Born 03/22/2005

Re: ombowstring post# 2572

Friday, 03/29/2024 2:29:08 PM

Friday, March 29, 2024 2:29:08 PM

Post# of 2588
Ombow, It looks like JOBY has completed Phase 3 of the 5 part certification process -


>>> Joby Completes Third Stage of FAA Certification Process

https://finance.yahoo.com/news/joby-completes-third-stage-faa-130000733.html

<<<


JOBY has a mega cool technology, but I wonder about the economic viability of their air taxi business model since it only carries 4 passengers. They're going to have to charge a lot for that businessmen's flight to the airport, one would think. Another potential target market would be as a play toy for rich guys. That works great for high end cars like Ferrari, but for JOBY the rich guys would also need to have a pilot's license, and that would be a very small number of customers. Even if they make the aircraft 'autonomous' so you don't actually need a pilot's license, the cost is going to be very high, so a very limited market, one would think. The military is reportedly looking at the JOBY, but what they need is something big to replace the Osprey, and that's already in the works (Bell V-280 Valor).

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174005617

So while super cool, I figure these air taxis might remain a relatively small niche product. Just a guess though.

Btw, check out these crazy guys. Looks like fun, but..




---

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.