Joby Aviation Signs Deal to Establish Air-Taxi Service in Abu Dhabi

Dow Jones04-26

By Ben Glickman

Joby Aviation said it had reached a deal with three Abu Dhabi government departments to help establish an electric air-taxi ecosystem.

The Santa Cruz, Calif.-based company said Thursday that the memorandum of understanding with the Department of Municipalities and Transport, the Abu Dhabi Department of Economic Development and the Department of Culture and Tourism would open up the opportunity for an inter-emirate air taxi service.

Joby previously announced the deal with the Dubai government, giving the company exclusive rights to operate air taxis in the city for six years. Dubai air-taxi service is expected to begin as early as next year, the company said.

Write to Ben Glickman at ben.glickman@wsj.com

(END) Dow Jones Newswires

April 25, 2024 12:58 ET (16:58 GMT)

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