Delta Says It’s Investing $60 Million in Air Taxi Developer

Delta Says It’s Investing $60 Million in Air Taxi Developer
A Delta Air Lines plane leaves the gate at Logan International Airport in Boston on July 12, 2021. Michael Dwyer/AP Photo
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ATLANTA—Delta Air Lines says it has invested $60 million in a startup that hopes to build electric helicopter-like air taxis to ferry passengers to the airport.

Delta announced Tuesday that it has taken a 2 percent stake in Joby Aviation, and could invest up to another $140 million as the manufacturer hits key milestones.