Joby to Acquire Blade’s Passenger Business

Electric air taxi developer will take over Blade’s network of terminals and lounges in locations such as New York City.

Jack Daleo

Monday, August 04, 2025 at 02:39 PM ET

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Jack Daleo

Joby’s electric vertical takeoff and landing (eVTOL) air taxi is a piloted, four-passenger model designed for short-hop flights, cruising at about 200 mph. [Courtesy: Joby Aviation]

Key Takeaways:

Joby Aviation is acquiring the passenger division of Blade Air Mobility for $125 million, a strategic move to accelerate its electric air taxi service launch.
This acquisition provides Joby with immediate access to Blade's network of 12 terminals (including key New York locations), a loyal customer base, and a platform to integrate and test its operational software.
The deal positions Joby to leverage existing demand for short-hop flights and infrastructure, supporting its planned U.S. aerial ridesharing service and expanding into medical transport as a preferred eVTOL partner.

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In a seismic move for the emerging urban air mobility (UAM) industry, electric air taxi developer Joby Aviation on Monday announced it plans to acquire the passenger division of New York City-based helicopter and jet charter operator Blade Air Mobility.

The $125 million purchase nets Joby—which aims to launch a U.S. aerial ridesharing service in partnership with Delta Air Lines and Uber as soon as next year—a key launchpad for its operations.