Japan Airlines and Volocopter have entered into a cooperation agreement to promote the development of the urban air mobility industry for next generation air transportation options of passengers and goods.
In February 2020, Japan Airlines Innovation Fund invested in Volocopter, which is aiming to create and bring next-generation electrically powered air taxis and heavy lift cargo drone technology to the market, as part of their Series C funding round.
With this agreement, JAL and Volocopter will strengthen their partnership to jointly explore business opportunities for air mobility services, specifically Volocopter’s eVTOL technology, in Japan.
The agreement outlines that Volocopter and JAL work on permanent sustainable commercial operations of air taxis in Japan.
By establishing local partnerships, jointly approaching Japanese cities and prefectures and working on market demand and social acceptance, JAL and Volocopter will prepare for commercial launch in Japan within the next 3 years.