Air Taxi Startup Joby Sees Service Starting in Dubai Before US [BNN Bloomberg (Canada)]
Archer Aviation Inc. Class A (ACHR)
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Source: BNN Bloomberg
Work on a partnership with the Gulf emirate announced earlier this year is “a bit more advanced in the approach that they're taking” than in other jurisdictions, Joby's president of operations, Bonny Simi, said in an interview. “So we'll be able to launch in Dubai first.” Joby said in February that it was targeting initial operations by 2025 in Dubai, where it won a six-year exclusive agreement to operate its electric air-taxi services, and commercial services by early 2026. That milestone may now be reached as soon as late 2025, Simi said. Dubai's government has provided economic support, while regulators have dedicated resources especially to Joby, helping to “remove as many roadblocks as possible for us to move as quickly as possible and as safely as possible,” Simi said. The support will help to “de-risk that initial launch for us” financially, she said. Joby initially plans to establish four vertiports across Dubai for its electric vertical takeoff and landing vehicles, Si
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