JOBY Advances Commercial Air Taxi Push With Texas eIPP Flights

Joby Aviation launched a week-long eIPP (electric air taxi) demonstration in the Dallas-Fort Worth region, including flights into DFW Airport. The company opened a new 45,000-square-foot facility at Fort Worth Alliance Airport as a long-term operating base. While the campaign represents progress toward commercializing electric air taxi technology and validates real-world operational capabilities, Joby still needs FAA certification and regulatory approval for large-scale commercial operations. The stock has declined 56.2% over the past year.