Joby's electric air-taxi gets closer to liftoff

STORY: The Federal Aviation Administration has granted the first of three required certifications to operate commercially

Full approval will allow Joby to roll out electric vertical take-off and landing (eVTOL) aircraft across the U.S.

It says its futuristic eVTOLs can travel 150 miles on a single charge at up to 200mph

The startup is aiming to launch its five-seater aircraft as a ridesharing service in 2024

News of the FAA's Part 135 Air Carrier Certificate boosted Joby's shares

It had reported losses of $62.3 million for Q1, 2022 and also warned of manufacturing costs

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