Joby Aviation Inc. is progressing towards commercial air taxi services with plans to have five aircraft in the certification phase with the Federal Aviation Administration (FAA) by next year. The company aims to begin commercial flights in early 2026, with a focus on expanding its fleet throughout that year. Joby anticipates initiating air tours with a single aircraft and has stated that two are necessary to launch a route, particularly one connecting to airports.
In addition to targeting the U.S. market, Joby is set to start passenger services in Dubai early next year due to the completion of successful test flights in the city. The company, known for its electric vertical takeoff and landing (eVTOL) technology, plans to double its production capacity to manufacture up to 24 aircraft annually at its California facility, while also gearing up for part production in a new Ohio location.
Joby is diversifying its revenue streams by selling aircraft outright, operating its own fleet, and engaging in partial ownership ventures. The company has secured significant investment from Toyota Motor Corp., which has now become its largest shareholder, aiding in the refinement of Joby’s manufacturing processes. Despite its ambitious growth plans, Joby has stated that it does not seek immediate additional funding.
The air taxi industry represents a transformation in urban mobility, offering faster, efficient transportation methods and helping alleviate congestion. As these eVTOL technologies develop, regulatory frameworks will be critical in ensuring the safety and public acceptance of these innovations. The collaboration with established automotive leaders like Toyota will likely enhance manufacturing capabilities and streamline operations, positioning Joby favorably in this emerging market.