Joby Aviation Expands Flight Testing and Aims for Commercial Revenue by Late 2027
Joby Aviation is conducting flight tests in Texas as part of the FAA's eIPP program, aiming to refine operations ahead of commercial deployment. The company also plans early passenger flights in Dubai later this year after securing regulatory approvals and completing vertiport infrastructure. Currently generating most revenue through its Blade Urban Air Mobility acquisition, Joby expects initial passenger revenue by late 2027 or early 2028 once FAA certification is complete and manufacturing scales. The company has partnered with Toyota to improve production efficiency as it moves toward commercial operations in urban air mobility (UAM), a market projected to grow significantly over the next two decades. Despite progress, Joby still faces regulatory hurdles and must ramp up aircraft production before achieving meaningful revenue from passenger services.
Topics: eVTOL FAA testing Joby Aviation urban air mobility (UAM)