Joby Receives Part 135 Certification from the FAA
May 26 2022 - 6:00AM
Business Wire
- Part 135 Air Carrier Certificate received
ahead of schedule, initially targeted for second half of 2022
- Certification allows Joby to operate aircraft
commercially
- Joby will use conventional aircraft to refine
systems and procedures in advance of launching eVTOL service
targeted for 2024
Joby Aviation, Inc. (NYSE:JOBY), a California-based company
developing all-electric aircraft for commercial passenger service,
today announced the Company has received a Part 135 Air Carrier
Certificate from the Federal Aviation Administration, allowing Joby
to begin on-demand commercial air taxi operations.
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Joby’s air operations team pictured
receiving the company’s Part 135 Air Carrier Certificate from the
FAA’s San Jose Flight Standards District Office. (Photo: Business
Wire)
Joby received the certification ahead of schedule, with
completion of the process originally expected in the second half of
2022. The five-stage process included the submission of more than
850 pages of manuals for approval and required Joby’s initial cadre
of pilots to demonstrate mastery of the Company’s procedures and
training under FAA observation.
The Part 135 Air Carrier Certificate is one of three FAA
approvals required for Joby to operate its revolutionary electric
vertical take-off and landing (eVTOL) aircraft as an air taxi
service in cities and communities across the United States,
alongside a Type Certificate and a Production Certificate.
Bonny Simi, Head of Air Operations and People at Joby, and one
of the Company’s FAA-approved pilots, stated: “The procedures we’ve
prepared lay a foundation for our future eVTOL operations. Over the
coming months, we will use our Part 135 certificate to exercise the
operations and customer technology platforms that will underpin our
multi-modal ridesharing service, while also refining our procedures
to ensure seamless journeys for our customers."
“Receiving this certificate ahead of schedule is a testament to
the incredible dedication and hard work of our team,” added
Simi.
Once Joby receives a type certificate for its eVTOL aircraft,
the Company will complete the FAA review process to add the new
aircraft type to its existing air carrier certificate. Pilots for
the Company’s future aerial ridesharing service, expected to launch
in 2024, will have the benefit of flying an
environmentally-friendly aircraft on a reliable work schedule,
ending each shift in their home city.
Joby previously announced a partnership with CAE, a global
leader in aviation training, to develop and qualify flight
simulation training devices that Joby will use to train
commercially-rated pilots to fly its eVTOL aircraft.
Joby’s all-electric aircraft is designed to transport a pilot
and four passengers up to 150 miles on a single charge at speeds of
up to 200 mph. Joby recently announced the results of acoustic
testing with NASA, which confirmed the aircraft hit the Company’s
target for low noise emissions during take-off and landing as well
as overhead flight.
ABOUT JOBY AVIATION
Joby Aviation, Inc. (NYSE:JOBY) is a California-based
transportation company developing an all-electric vertical take-off
and landing aircraft which it intends to operate as part of a fast,
quiet, and convenient air taxi service beginning in 2024. The
aircraft, which has a maximum range of 150 miles on a single
charge, can transport a pilot and four passengers at speeds of up
to 200 mph. It is designed to help reduce urban congestion and
accelerate the shift to sustainable modes of transit. Founded in
2009, Joby employs more than 1,000 people, with offices in Santa
Cruz, San Carlos, and Marina, California, as well as Washington,
D.C. and Munich, Germany. To learn more, visit
www.jobyaviation.com.
Forward Looking Statements
This presentation 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; 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 aerial ridesharing
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,
and our ability to launch our commercial passenger service
beginning in 2024, as currently projected; 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
March 28, 2022, 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
presentation. 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/20220526005087/en/
Investors: investors@jobyaviation.com +1-831-201-6006
Media: press@jobyaviation.com
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