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Joby to Launch World's First Commercial Air Taxi Service in Dubai by 2026

The pioneering agreement with Dubai's Road and Transport Authority grants Joby exclusive rights to operate its electric air taxis for six years, marking a significant step towards sustainable urban mobility.

Overview

  • Joby Aviation has signed an exclusive deal with Dubai to launch the first commercial air taxi service by 2026, with operations potentially starting as early as 2025.
  • The agreement includes the construction of four 'vertiports' for vertical takeoffs and landings, enhancing Dubai's infrastructure for advanced air mobility.
  • Joby's electric air taxis can carry a pilot and four passengers at speeds up to 200 mph, significantly reducing travel time across Dubai's key locations.
  • Shares of Joby Aviation rose over 6% in premarket trading following the announcement of the Dubai deal.
  • The deal was signed at the World Governments Summit in Dubai, in the presence of Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister, and Ruler of Dubai.