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Joby has designed a brilliant electric vertical takeoff and landing vehicle. But will its business model fly?

Superior City Council Pays Off $2.66 Million Kestrel Loan Sometimes you need to move forward.  One of those forward-looking steps for the Superior City Council was to pay off the $2.66 million bond that they had secured on behalf of Kestrel Aircraft Company in 2012 - when the company was trying to build a manufacturing plant in the city; that deal dissolved when the company's leadership had a dispute with the State of Wisconsin. The move to pay off the bond was approved by the Superior City Council at their meeting on March 2. The plans for Kestrel Aircraft and Superior were large in scope....

Superior City Council Pays Off $2.66 Million Kestrel Loan Sometimes you need to move forward.  One of those forward-looking steps for the Superior City Council was to pay off the $2.66 million bond that they had secured on behalf of Kestrel Aircraft Company in 2012 - when the company was trying to build a manufacturing plant in the city; that deal dissolved when the company's leadership had a dispute with the State of Wisconsin. The move to pay off the bond was approved by the Superior City Council at their meeting on March 2. The plans for Kestrel Aircraft and Superior were large in scope....

Share Credit: Joby Aviation Stop me if you have heard this before: A whole new class of aircraft will democratize and revolutionize seemingly everything, starting with air travel. Will it be advanced air mobility or maybe very light jets? Aviation consultant Brian Foley recalls the latter while thinking of the former, since both are in the news recently. Disruptive paradigms are not a new threat to aviation, even this century, he notes. The Eclipse very light jet (VLJ) was intended to make airborne commuting more of a reality before it became a $1.5 billion “smoking crater in the ground.”...