https://www.wsj.com/business/airlines/green-air-travel-aviation-industry-trump-906ecb81
In the Trump Era, Flying Green Doesn�t Matter Anymore
President�s endorsement has pushed up air-taxi stocks, but development of
all types of zero-emission aircraft is falling by the wayside
By Jon Sindreu
Feb. 21, 2025 7:00 am ET
A model of a ZEROe hydrogen fuel cell powered aero engine, developed by
Airbus, on display at last year�s VivaTech conference in Paris. Photo:
Benjamin Girette/Bloomberg News
Though investors� attention has been focused on the failure of Nikola, the electric-truck maker that briefly had a higher market capitalization than
Ford Motor, a similar trend has been quietly playing out in aviation.
It was almost yesterday that this industry aimed for a utopian tomorrow of electric and hydrogen aircraft. And, judging by the rally in the stocks of
the makers of air taxis�properly called electric vertical takeoff and
landing vehicles, or eVTOL�this future is still on the table. Joby Aviation JOBY -3.70% decrease and Archer Aviation ACHR -6.12% decrease, which report earnings next week, are up 48% and 213%, respectively, since the Nov. 5 election. Investors seem to be putting a lot of weight on statements by President Trump and the new transportation secretary, Sean Duffy, arguing
that the U.S. must win the eVTOL race with China. ...
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