Smart mobility: Armenian flying taxi startup raises millions
Listen to audio Want to stay ahead of the curve when choosing a destination for your next meeting? Consider a great new option located in the capital of Armenia. Looking for a unique, nature-filled venue option? Marriott just teamed up with Postcard Lodge to change the game for outdoor meetings. Want your attendees to be able to levitate from the airport to the conference venue? $660 million has just been spent on making that dream a reality. Read the latest travel news brought to you by Smart Travel. Dubai makes progress on tourism, events and sustainability in 2024 With nearly 15 million overnight visitors as of October 2024, Dubai has become a top international tourism, conference and events destination. The city has also established a balanced appeal, attracting visitors from Western Europe (20%), South Asia (17%) and the GCC (15%). Dubai has made a concerted effort to emphasize its capacity growth, with an average occupancy rate of 77% across its…
5-star new Dzire will not be sold as a taxi
Dzire Tour S and New Dzire As the Dzire Tour S continues in third-gen format, it won't get the updated safety kit and more fuel-efficient engine offered by the fourth-gen Dzire Maruti Dzire is a popular choice among consumers as well as fleet and taxi operators. For the latter group who use the car for business purposes, Maruti offers the Dzire Tour S variant. The Tour S has some unique features that make it even more suitable for commercial operations. Old Dzire continues to participate in S competition With the launch of the new Dzire, it seems that the Dzire Tour S variant will also get an update. However, this is not the case. At least, not yet. It may take a few years for the Dzire Tour S to be updated to the fourth-generation format. Until then, the Tour S will continue in its existing third-generation format. However, Tour S buyers are unlikely to have any major concerns with…
Toyota invests an additional $500 million in air taxi startup
Automaker's cash infusion into Joby Aviation will help the California-based company begin commercial operations in late 2025 go through Chris Chilton October 2, 2024 20:30 Toyota also invested $500 million in California-based air taxi startup Joby Aviation. The cash, which will be split into two tranches, is expected to allow Joby to begin flying commercially in 2025. The new capital injection brings Toyota's total investment in Joby to $894 million. Toyota is investing $500 million in an air taxi startup that plans to begin commercial flights next year. The automaker has been working with California-based Joby Aviation since 2020, and the latest cash infusion brings Toyota's total investment in the company to $894 million. Joby will receive the new cash in two tranches, with the first arriving in Santa Cruz later this year and the remainder due in 2025, the year the company hopes to truly launch its electric air taxi business. RELATED: Toyota invests $394 million in bet on…
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