Dubai again is planning for the takeoff of flying taxis in this futuristic city-state on the Arabian Peninsula, offering its firmest details yet Monday for a pledged launch by 2026.
Since 2017, the commercial capital of the United Arab Emirates has offered promises to launch flying taxis in the city already home to the world's tallest building and other architectural wonders. A series of different types and companies have cycled through those promises as well, most timed to be included at Dubai's annual World Government Summit, which saw this year's edition begin Monday.
“We’re excited about the opportunity and actively exploring the possibility,” said Oliver Walker-Jones, a spokesman for Joby Aviation. The pricing for the flying taxis “will be in the range of a limousine service in Dubai, maybe slightly higher,” Bahrozyan said. The RTA describes limo services rates as “at least 30% higher than taxi fares” in the city. Taxis have a minimum fare of around $3.25 and charge $0.50 a kilometer.
Joby Avation Inc., which is listed on the New York Stock Exchange, was at $4.20 a share before trading Monday. Its major shareholders include Intel Corp., while Atlanta-based Delta Air Lines also has invested.
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