Joby Aviation and other eVTOL players look to the United Arab Emirates for initial launches

seekingalpha03-23

The United Arab Emirates appears to be ground zero for the launch of commercial flying taxi services. Joby Aviation (JOBY) expects to launch in Dubai before anywhere else and Archer Aviation (NYSE:...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2421823714?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1453583308/image_1453583308.jpg","is_english":true,"pubTime":"2024-03-23 02:28","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2421823714","market":"nz","top_or_hot":-1,"title":"Joby Aviation and other eVTOL players look to the United Arab Emirates for initial launches","media":"seekingalpha","content":"<div>\n<p>The United Arab Emirates appears to be ground zero for the launch of commercial flying taxi services. Joby Aviation (JOBY) expects to launch in Dubai before anywhere else and Archer Aviation (NYSE:...</p>\n\n<a href=\"https://seekingalpha.com/news/4082928-joby-aviation-and-other-evtol-players-look-to-the-united-arab-emirates-for-initial-launches\">Source Link</a>\n\n</div>\n","source":"seekingalpha_hot_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Joby Aviation and other eVTOL players look to the United Arab Emirates for initial launches</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJoby Aviation and other eVTOL players look to the United Arab Emirates for initial launches\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-23 02:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4082928-joby-aviation-and-other-evtol-players-look-to-the-united-arab-emirates-for-initial-launches><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The United Arab Emirates appears to be ground zero for the launch of commercial flying taxi services. Joby Aviation (JOBY) expects to launch in Dubai before anywhere else and Archer Aviation (NYSE:...</p>\n\n<a href=\"https://seekingalpha.com/news/4082928-joby-aviation-and-other-evtol-players-look-to-the-united-arab-emirates-for-initial-launches\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UBCP","symbol_name":"联合合众银行","start_time":0,"source_url":"https://seekingalpha.com/news/4082928-joby-aviation-and-other-evtol-players-look-to-the-united-arab-emirates-for-initial-launches","article_id":"2421823714","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1453583308/image_1453583308.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2421823714","pubTimestamp":1711132098,"sourceInfo":{"source_id":"seekingalpha_hot_news","name":"SeekingAlpha"},"weMediaInfo":null,"summary":"The United Arab Emirates appears to be ground zero for the launch of commercial flying taxi services. Joby Aviation (JOBY) expects to launch in Dubai before anywhere else and Archer Aviation (NYSE:ACH","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"UBCP":"联合合众银行","ERJ":"巴西航空工业","JOBY":"Joby Aviation, Inc.","LILM":"Lilium N.V.","BK4187":"航天航空与国防","BK4008":"航空公司","ACHR":"Archer Aviation Inc.","BK4211":"区域性银行"},"translate_title":"Joby Aviation和其他电动垂直起降公司期待阿联酋的首次发射","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ACHR":1,"ERJ":1,"JOBY":1,"LILM":1,"UBCP":1},"content_text":"The United Arab Emirates appears to be ground zero for the launch of commercial flying taxi services. Joby Aviation (JOBY) expects to launch in Dubai before anywhere else and Archer Aviation (NYSE:ACHR) plans to operate flights between Abu Dhabi and Dubai, as well as other routes across the UAE. In addition to those two major players, eVTOL upstarts Lilium N.V. (LILM), Embraer's (ERJ), Eve Air Mobility, and Volocopter GmbH have also signed agreements in the UAE, Saudi Arabia, or both. In an interview with Bloomberg, Joby Aviation (JOBY) executive Bonny Simi said the UAE is a bit more advanced in the approach that it is taking than in other jurisdictions and offered more economic support, including the U.S. The company tipped off earlier this year that it was targeting initial operations by 2025 in Dubai. Joby (JOBY) has a six-year exclusive agreement to operate its electric air-taxi services and commercial services by early 2026, although the milestone may now be reached as soon as late 2025. Earlier in the week, Joby Aviation (JOBY) announced that it would will deliver two aircraft to MacDill Air Force Base in 2025 as part of the company’s AFWERX Agility Prime contract with the U.S. Air Force. Joby delivered its first aircraft to Edwards Air Force Base in California in September 2023, with a second aircraft expected to be placed on the base this year. Shares of Joby Aviation (JOBY) and Archer Aviation (ACHR) are both down about 20% on a year-to-date basis. Archer Aviation (ACHR) is the preferred eVTOL stock by Wall Street analysts and Seeking Alpha analysts. ACHR also has a higher Seeking Alpha Quant Rating.  More on Archer Aviation  Archer Aviation: Upgrading As Commercialization Approaches Archer Aviation Inc. (ACHR) Q4 2023 Earnings Call Transcript Archer Aviation: Execution On Point And Balance Sheet Remains Sound Lockheed's Sikorsky plans to build next-generation tilt-wing aircraft Archer Aviation shares slip as Q4 loss widens","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2421823714"}