New York City has witnessed first-ever point-to-point electricvertical takeoff and landing (eVTOL) air taxi demonstration flights, which aims to connect heliports in Manhattan to JFK International Airport in less than 10 minutes.
Once approved and fully become operational, it will save travelers significant amount of time, far less than the current one-to two-hour drive.
Joby Aviation, Inc. (JOBY), a company developing electric air taxis for commercial passenger service, started a week-long public campaign across the city's existing heliport network last Friday.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.