Joby signs definitive agreement with government of Dubai
Agreement grants Joby exclusive right to operate air taxis in Dubai for six years
Service set to launch by early 2026
Agreement covers regulatory approach for early operations and includes support for entry and maturing of service
Joby also signed agreement with Skyports who will build and operate four vertiports in Dubai
Joby Aviation, Inc. (NYSE:JOBY), a company developing all-electric aircraft for commercial passenger service, today announced it has signed a definitive agreement with Dubai’s Road and Transport Authority (RTA) to launch air taxi services in the Emirate by early 2026, with Joby targeting initial operations as early as 2025.
The agreement, signed at the World Governments Summit in Dubai in the presence of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, provides Joby with the exclusive right to operate air taxis in Dubai for six years, and will position Dubai as a world leader in delivering the fast, clean and quiet air travel enabled by Joby’s revolutionary technology. The agreement secures a variety of support from the RTA, including financial mechanisms, for entry and maturing of service operations in Dubai.
JoeBen Bevirt, founder and CEO, Joby Aviation, said: “It is an honor to partner with the government of Dubai to demonstrate the value of sustainable air travel to the world.
“Today’s landmark agreement delivers on all three ingredients required to successfully launch an air taxi service - a definitive path to operations, well-placed infrastructure supported by dedicated partners, and an aircraft with the capacity and range to deliver meaningful journeys.
“We’re looking forward to delivering an incredible experience for residents and visitors to Dubai as early as 2025 and we’re excited to be laying the groundwork for the expansion of our service across the wider UAE.”
His Excellency Mattar Al Tayer, Director-General, Chairman of the Board of Executive Directors for RTA, commented on the agreement, saying, “the air taxi service is part of RTA’s efforts to embrace future transportation technologies and offers a novel and efficient mobility option for Dubai's residents and visitors, enabling fast, safe, and convenient travel to key city spots. This service will also enhance seamless multimodal transportation, improving citywide connectivity, and ensuring a smooth travel experience for passengers.”
Joby additionally signed an agreement with Skyports, who will design, build and operate four initial vertiport sites across Dubai. RTA, Skyports and Joby have worked together to identify Dubai International Airport (DXB), Palm Jumeirah, Dubai Marina and Dubai Downtown as the launch locations for Dubai’s air taxi service.
Joby’s aircraft, which was displayed in the region for the first time at the World Governments Summit, is designed to carry a pilot and four passengers at speeds of up to 200 miles per hour and will be operated by the Company, with a journey from Dubai International Airport to Palm Jumeirah expected to take just 10 minutes compared with 45 minutes by car.