The regulations around aircraft in the United States are very strict. That makes complete sense, given that accidents can cause material loss of life. But it often means that things take longer to get done in the United States than in other countries. That's not unusual, since that same thing holds true in the healthcare sector. And that's why the UAE is likely to be the first place where Joby Aviation (NYSE: JOBY) and Archer Aviation (NYSE: ACHR) operate their air taxi services. And it could happen as early as this year. Here's what you need to know. Even in the UAE, you can't fly a plane commercially without getting a host of approvals. So there are no shortcuts being taken. Both Joby and Archer have spent years developing their electric vertical take-off and landing (eVTOL) vehicles. They have been testing them, as well, attempting to prove to regulators that they are safe and reliable. Image source: Getty Images.
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