Joby Aviation Reports 2023 Earnings, Achieves Key Air Taxi Certification Milestone
The company is now ramping up to for-credit FAA testing and expects to produce 12 aircraft this year, among other projections.
The company is now ramping up to for-credit FAA testing and expects to produce 12 aircraft this year, among other projections.
Anticipated FAA certification of the new business jet failed to occur during the quarter.
The company says its backlog of aircraft orders also increased, reflecting a strong market.
Despite talks of a recession in the broad economy amid record inflation, fluctuating fuel prices, or even a hard to fix workforce challenges, the commercial airlines market is still booming.