ANA HOLDINGS and Joby join forces to offer an air taxi service in Japan

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SANTA CRUZ, CA and TOKYO–(BUSINESS WIRE)–ANA HOLDINGS, INC. (“ANA”) and Joby Aviation, Inc. (NYSE: JOBY, “Joby”) today announced that they are forming a partnership that will see Japan’s largest airline join Joby in offering ride-sharing services airline to Japan. Toyota Motor Corporation (Toyota) has also joined the partnership, with the intention of exploring opportunities such as ground transportation.

Joby is a California-based company that is developing an all-electric, five-seat aircraft that can vertically take off and land (eVTOL). With a maximum range of 150 miles (241 kilometers), a top speed of 200 mph (321 km/h) and a low-noise profile to enable it to access built-up areas, Joby’s piloted aircraft is designed to making practical, emission-free air travel a daily reality. For example, the 31-mile (50 km) trip from Osaka Station to Kansai International Airport could take less than 15 minutes by plane instead of an hour by car.

ANA and Joby are set to collaborate on all aspects of establishing this revolutionary new form of transportation in Japan, including infrastructure development, pilot training, flight operations, air traffic management , public acceptance and operating regulatory requirements. Integration with ground transportation will also be considered, with Toyota backing the effort. The parties will also conduct joint discussions with relevant private companies as well as local and national governments.

The partners are all existing members of the Japan Public-Private Conference for the Future Air Mobility Revolution, established by the Ministry of Economy, Trade and Investment and the Ministry of Land, Infrastructure, Transport and Tourism to accelerate the adoption of air carpooling in the country. .

Commenting on the partnership and the opportunity presented by the Japanese market, JoeBen Bevirt, Founder and CEO of Joby, said, “Joby exists to help people save time while reducing their carbon footprint. Japan presents us with a spectacular opportunity to do just that with 92%1 of the population living in urban areas and Tokyo being among the 20 most congested cities in the world.2

“We are honored to work with ANA, an airline that has deservedly received a 5-star rating from SKYTRAX nine years in a row, and we look forward to working closely with them to bring our air ridesharing service to Japan. ”

Joby has spent over a decade developing the technology behind its aircraft, completing over 1,000 test flights and becoming the first and only eVTOL company to sign a G-1 (Stage 4) certification basis for their aircraft with the Federal Aviation Administration. (FAA).

Speaking of the opportunity presented by the introduction of carpooling in Japan, Koji Shibata, Managing Director and Executive Vice President of ANA HD, said, “ANA has 70 years of experience in providing safe and reliable flights to customers around the world. We are proud to bring this operational experience to the table as part of this partnership and to be at the forefront of introducing this revolutionary mode of transportation to Japan.

“Our customers value efficiency, so it’s very appealing to be able to offer them the ability to travel quickly – and sustainably – from an international airport to a city center location.”

The concept of air carpooling has rapidly gained momentum in Japan as the country accelerates its efforts to prepare for the 2025 World Expo to be held in the western capital of Osaka, Japan’s third most populous city. and the largest component of the Keihanshin metropolis. region of more than 18 million inhabitants.

While Joby’s ridesharing service will be operated directly by the company and offered to passengers via the Joby app or the Uber app in major U.S. markets, this announcement reflects Joby’s strategy to partner with companies committed to providing exceptional customer service and operational excellence to launch its service in select markets outside of the United States In addition, Joby plans to work with local ground mobility partners to provide seamless, end-to-end rides to clients.

Joby already has strong ties to Japan, having worked alongside Toyota since 2019. In addition to continuing to bring its manufacturing process development and high-volume production expertise to Joby, Toyota will also support the announcement. today by seeking to partner with other aspects of the value chain such as ground transportation. Toyota is Joby’s largest outside investor, with nearly $400 million invested to date.

You can read more about Toyota’s long-term partnership with Joby in this blog post.

Images from this press release, as well as an animation of the illustrative route from Osaka Station to Kansai International Airport are available here.

Photos and video footage of the Joby aircraft are available in the Joby media kit.

ABOUT ANA

Founded in 1952 with just two helicopters, All Nippon Airways (ANA) has become Japan’s largest airline. ANA HOLDINGS Inc. (ANA HD) was established in 2013 as the largest airline group holding company in Japan, comprising 71 companies, including ANA and Peach Aviation, the main LCC in Japan.

ANA is a launch customer and the largest operator of the Boeing 787 Dreamliner, making ANA HD the largest Dreamliner owner in the world. A Star Alliance member since 1999, ANA has joint venture agreements with United Airlines, Lufthansa German Airlines, Swiss International Airlines and Austrian Airlines, giving it a truly global presence.

The airline’s legacy of superior service has earned it the respected 5-Star rating from SKYTRAX every year since 2013, with ANA being the only Japanese airline to earn this prestigious designation for nine consecutive years. ANA has also been recognized by Air Transport World as “Airline of the Year” three times (2007, 2013 and 2018); it is one of the few airlines to have won this prestigious award on several occasions.

In 2021, ANA received SKYTRAX’s 5-Star COVID-19 Safety Rating, recognizing the airline’s initiatives to provide a safe, clean and hygienic environment at airports and onboard aircraft, embodied in the ANA Care Promise.

ANA is the only company in the aviation industry to receive the Gold Class distinction of the S&P Global Sustainability Awards 2021 and ANA HD has been selected as a member of the Dow Jones Sustainability World Index list for the fourth consecutive year and the Dow Jones Sustainability Asia List of the Pacific index for the fifth consecutive year.

For more information, please see the following link.

https://www.ana.co.jp/group/en

ABOUT JOBY AVIATION

Joby Aviation, Inc. (NYSE: JOBY) is a California-based transportation company developing an all-electric vertical take-off and landing aircraft that it intends to operate as part of a fast air taxi service , quiet and practical from 2024. The aircraft, which has a maximum range of 150 miles (241 kilometers) on a single charge, can carry a pilot and four passengers at speeds of up to 200 mph (321 km/ h). It is designed to help reduce urban congestion and accelerate the shift to sustainable modes of transport. Founded in 2009, Joby employs approximately 1,000 people, with offices in Santa Cruz, San Carlos and Marina, California, as well as Washington, DC and Munich, Germany. For more information, visit www.jobyaviation.com.

Forward-looking statements

This press release 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, including the initial capacity of our factory. and regulatory outlook; our business plan, objectives, goals and market opportunities; and our current expectations regarding our business, financial condition, results of operations, prospects and capital requirements. 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”, “may 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 limited operating history and loss history; our ability to launch our ridesharing service and the growth of the urban air mobility market generally; our plans to operate commercial passenger service from 2024; the competitive environment in which we operate; our future capital requirements; our ability to adequately protect and enforce our intellectual property rights; our ability to respond effectively changes in regulations and standards relating to our aircraft; our dependence on suppliers and vice-partner third-party services; uncertainties related to our estimates of the market size of its aircraft and future revenue opportunities; and other important factors discussed in the section titled “Risk Factors” in our registration statement on Form S-1 (File No. 333-260608), filed with the Securities and Exchange Commission on October 29, 2021, and in other reports we file with or provide to the Securities and Exchange Commission. All of these forward-looking statements represent management’s estimates and beliefs as of the date of this press release. Although Joby may choose to update these forward-looking statements at some time in the future, it disclaims any obligation to do so, even if subsequent events change its views.


1 https://data.worldbank.org/indicator/SP.URB.TOTL.IN.ZS?locations=JP&most_recent_value_desc=false

2 https://www.tomtom.com/en_gb/traffic-index/ranking/

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