Joby Aviation Says It Has Taken The First Step Towards Becoming A Certified Air Taxi Operator In UAE
Portfolio Pulse from Benzinga Newsdesk
Joby Aviation has initiated the process to become a certified air taxi operator in the UAE by applying for an Air Operator Certificate from the GCAA. This involves a five-stage process including developing manuals, facility inspections, and training observations.
September 10, 2024 | 10:09 am
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Joby Aviation has started the process to obtain an Air Operator Certificate in the UAE, a crucial step for operating air taxis commercially in the region.
The initiation of the certification process in the UAE is a positive development for Joby Aviation, as it opens up a new market for their air taxi services. This could lead to increased revenue opportunities and market expansion, positively impacting the stock price in the short term.
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