- Joby service to be integrated into Jetex’s network of flagship
private terminals
- Joby charging stations to be installed at Jetex sites across
Middle East
- Partnership lays the groundwork for a global rollout of
sustainable air taxi infrastructure
Joby Aviation, Inc. (NYSE:JOBY), a company developing electric
air taxis for commercial passenger service, and Jetex, a global
leader in executive aviation, today announced a strategic
partnership to redefine seamless connectivity for Jetex
customers.
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Joby and Jetex announced a strategic
partnership to bring seamless connectivity and sustainable air taxi
service to Jetex customers across the Middle East. (Photo: Joby
Aviation)
The two companies will focus initially on Jetex locations across
the Middle East, where Joby plans to install its Global Electric
Aviation Charging System (GEACS), to support Joby operations that
will connect Jetex passengers to a network of vertiports, offering
efficient and sustainable travel across the region and between
Emirates.
“At Jetex, sustainability is a key focus of our strategy, and
our partnership with Joby represents an important step forward in
achieving our vision of greener skies,” says Adel Mardini, Founder
& CEO of Jetex. “We are committed to driving innovation that
reduces our industry’s environmental impact, and integrating Joby’s
electric air taxis into our network allows us to deliver cleaner,
quieter, and more sustainable travel experiences, starting in the
UAE.”
Jetex’s VIP Terminals, including flagship locations at Al
Maktoum International Airport in Dubai and Al Bateen Executive
Airport in Abu Dhabi, provide seamless access to key financial,
tourist, and entertainment destinations within the UAE. With a
strong commitment to sustainability, Jetex integrates renewable
energy solutions and innovative practices to reduce its carbon
footprint. The partnership with Joby highlights Jetex’s ongoing
efforts to drive eco-conscious advancements in private
aviation.
“Jetex’s exceptional operational standards and commitment to
sustainability make them an ideal partner as we work to redefine
urban air mobility,” says JoeBen Bevirt, Founder and CEO of Joby
Aviation. “With their strategically positioned terminals and focus
on delivering unparalleled customer experiences, this collaboration
is a significant milestone in advancing sustainable air travel in
the region.”
Joby’s planned service in Dubai is part of a definitive
agreement with Dubai’s Road and Transport Authority, granting Joby
the exclusive right to operate air taxis in Dubai for six years.
Joby recently announced that Skyports, Joby’s launch infrastructure
partner in Dubai, has begun construction of the first vertiport in
Joby’s planned Dubai air taxi network, located at Dubai
International Airport.
In Abu Dhabi, Joby has signed a multilateral agreement with the
Department of Municipalities and Transport - Abu Dhabi (DMT), the
Abu Dhabi Department of Economic Development (DED) and the
Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) that
lays the groundwork for Joby to establish and scale air taxi
services in the Emirate and unlocks the potential for inter-emirate
services.
Joby recently announced it has applied to become the first
certificated air taxi operator in the United Arab Emirates. As part
of the process to attain an Air Operator Certificate from the UAE’s
General Civil Aviation Authority, Joby will demonstrate the
readiness of its aircraft as well as its training, maintenance,
operations and safety programs for commercial air transport.
Joby’s aircraft is designed to transport a pilot and up to four
passengers at speeds of up to 200 mph (321 km/h), offering
high-speed mobility with a fraction of the noise produced by
helicopters and zero operating emissions.
About Jetex
An award-winning global leader in private aviation, Jetex is
recognized for delivering flexible, best-in-class solutions to
customers worldwide. Jetex provides exceptional private terminals
(FBOs), lifestyle concierge and aircraft charter services, as well
as fuelling, ground handling and global trip planning. The company
caters to both owners and operators of business jets for corporate,
commercial and personal air travel.
About Joby
Joby Aviation, Inc. (NYSE:JOBY) is a California-based
transportation company developing an all-electric, vertical
take-off and landing air taxi which it intends to operate as part
of a fast, quiet, and convenient service in cities around the
world. To learn more, visit www.jobyaviation.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995, including but not limited
to, statements regarding the development and performance of our
aircraft, the growth of our manufacturing capabilities, our
regulatory outlook, progress and timing; our business plan,
objectives, goals and market opportunity; our plans related to
certification and operation of our aircraft in the United Arab
Emirates, including vertiport location, timing and expected
benefits of our service; plans for our partnership with Jetex; and
our current expectations relating to our business, financial
condition, results of operations, prospects, capital needs and
growth of our operations. You can identify forward-looking
statements by the fact that they do not relate strictly to
historical or current facts. These statements may include words
such as “anticipate,” “estimate,” “expect,” “project,” “plan,”
“intend,” “believe,” “may,” “will,” “should,” “can have,” “likely”
and other words and terms of similar meaning in connection with any
discussion of the timing or nature of future operating or financial
performance or other events. All forward looking statements are
subject to risks and uncertainties that may cause actual results to
differ materially, including: our ability to launch our air taxi
service and the growth of the urban air mobility market generally;
our ability to produce aircraft that meet our performance
expectations in the volumes and on the timelines that we project;
complexities related to obtaining certification and operating in
foreign markets; the ability of us and our partners to develop
necessary infrastructure in time for planned operations, or at all;
the competitive environment in which we operate; our future capital
needs; our ability to adequately protect and enforce our
intellectual property rights; our ability to effectively respond to
evolving regulations and standards relating to our aircraft; our
reliance on third-party suppliers and service partners;
uncertainties related to our estimates of the size of the market
for our service and future revenue opportunities; and other
important factors discussed in the section titled “Risk Factors” in
our Annual Report on Form 10-K, filed with the Securities and
Exchange Commission (the “SEC”) on February 27, 2024, our Quarterly
Report on Form 10-Q filed with the SEC on November 6, 2024, and in
future filings and other reports we file with or furnish to the
SEC. Any such forward-looking statements represent management’s
estimates and beliefs as of the date of this release. While we may
elect to update such forward-looking statements at some point in
the future, we disclaim any obligation to do so, even if subsequent
events cause our views to change.
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version on businesswire.com: https://www.businesswire.com/news/home/20241210557008/en/
Investors: Joby: investors@jobyaviation.com
Media: Jetex: teamorange@jetex.com - +971 4 212 4900 Joby:
press@jobyaviation.com
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