By Sam Boughedda
Investing.com — Helbiz Inc (NASDAQ:HLBZ) stock jumped 6% on Thursday after it announced a multi-business agreement with Italian airline ITA Airways.
Helbiz, a maker of mobility products especially for traffic-congested urban areas, said each ITA Airways ticket will give passengers the ability to unlock, rent, and ride Helbiz e-scooters, e-bicycles, and e-mopeds in cities where they are present.
The stock is currently around $10.68.
ITA Airways, formerly Alitalia, plans to serve 45 destinations, including 21 in Italy. The deal is the first between an airline and a micro-mobility company but does throw up an interesting union between the two industries.
"This partnership with ITA Airways will be the first to offer customers a seamless air to ground mobility experience and emphasizes our commitment to leading the mobility revolution," said Salvatore Palella, CEO of Helbiz.