NYSE:JOBYAirlines
ITC Probe Clouds Delta Joby Partnership And Raises NYSE JOBY Risk Profile
Delta Air Lines has warned that an ongoing US International Trade Commission probe could disrupt its partnership with Joby Aviation (NYSE:JOBY).
The investigation is tied to patent infringement allegations brought by competitor Archer Aviation.
Delta indicated that an adverse outcome could potentially restrict or remove Joby eVTOL aircraft from the US market.
Joby Aviation, which is developing electric vertical take off and landing aircraft for short distance passenger flights, has been a...