Eversheds Sutherland Advises Delta in Partnership with Joby to Pioneer Home-to-Airport Transportation

Eversheds Sutherland is pleased to announce that it represented client Delta Air Lines in entering into a multi-year, multi-market commercial and operational partnership with Joby Aviation Inc. to deliver transformational, sustainable home-to-airport transportation service to Delta customers, beginning in New York and Los Angeles.

Delta has made an upfront equity investment of $60 million in Joby, with the opportunity to expand the total investment up to $200 million as the partners achieve substantive milestones on the development and delivery of the service. 

As part of the first-of-its-kind arrangement, the companies will work together to integrate a Joby-operated service into Delta’s customer-facing channels, providing customers the opportunity to reserve a seat for seamless, zero-operating-emission, short-range journeys to and from city airports when booking Delta travel.

Eversheds Sutherland Partner Brian M. Murphy and Counsel Hunter D. Raines led the deal team with assistance from Partner Stephani M. Hildebrandt and Associate Jazmen B. Howard. 

About Eversheds Sutherland’s Corporate Practice Group

With more than 500 attorneys worldwide, Eversheds Sutherland’s Corporate Practice Group serves the breadth of public and private companies in virtually every industry as we advise 75 of the Fortune 100 and 68 of the FTSE 100. We guide clients through their most transformative transactions and complex cross-border deals – more than 75% of the transactions we advise on involve three or more jurisdictions.

Eversheds Sutherland’s Global M&A Practice is ranked among the Top 20 by MergerMarket, and Pitchbook’s 2022 League Tables recently selected us for their Top 20 for Most Active Globally.

About Eversheds Sutherland 
As a global top 10 law practice, Eversheds Sutherland provides legal services to a global client base ranging from small and mid-sized businesses to the largest multinationals, acting for 79 of the Fortune 100, 65 of the FTSE 100 and 134 of the Fortune 200.

With more than 3,000 lawyers, Eversheds Sutherland operates in over 70 offices in more than 30 countries across Africa, Asia, Europe, the Middle East and the United States. In addition, a network of more than 200 related law firms, including formalized alliances in Latin America, Asia Pacific and Africa, provide support around the globe.

Eversheds Sutherland provides the full range of legal services, including corporate and M&A; dispute resolution and litigation; energy and infrastructure; finance; human capital and labor law; intellectual property; real estate and construction; and tax. 

Eversheds Sutherland is a global legal practice and comprises two separate legal entities: Eversheds Sutherland (International) LLP (headquartered in the UK) and Eversheds Sutherland (US) LLP (headquartered in the US), and their respective controlled, managed, affiliated and member firms. The use of the name Eversheds Sutherland is for description purposes only and does not imply that the member firms or their controlled, managed or affiliated entities are in a partnership or are part of a global LLP. For more information, visit eversheds-sutherland.com.