15-Aug-2023Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced operating and financial results for the second quarter ended June 30, 2023. In tandem with earnings, Archer made a series of announcements that reinforce its path to FAA certification and commercial operations in 2025. Archer has landed a $215... Read more
16-Jun-2023Source: Eve Air Mobility
Eve Air Mobility (“Eve”) (NYSE: EVEX, EVEXW) and United Airlines (NASDAQ: UAL) announced plans to bring Urban Air Mobility (UAM) to San Francisco by launching electric commuter flights throughout the Bay Area. The announcement is an important first step as both companies will be working with local and state officials, infrastructure, energy and technology providers... Read more
24-Mar-2023Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR) and United Airlines (NASDAQ: UAL) announced plans to launch the first air taxi route in Chicago, between O’Hare International Airport (ORD) and Vertiport Chicago. Vertiport Chicago, North America’s largest vertical aircraft take off and landing facility, is located in the Illinois Medical District near the Chicago Loop. This site was... Read more
14-Nov-2022Source: Archer
Archer Aviation Inc. (NYSE: ACHR) and United Airlines (NASDAQ: UAL) announced their first airport to city center route between United’s hub at Newark Liberty International Airport (EWR) and New York City. The Downtown Manhattan Heliport, located just above Battery Park on Pier 6, has been confirmed as the first planned takeoff and landing site as... Read more
11-Aug-2022Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR) announced that it has received a $10 million pre-delivery payment from United Airlines for 100 of the company’s initial production eVTOL aircraft. The payment represents a watershed moment for the eVTOL industry, validating confidence in the commercialization of eVTOL aircraft and Archer’s leadership. United is making the deposit on... Read more
5-May-2022Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR) and United Airlines (NASDAQ: UAL) have announced the creation of a joint eVTOL advisory committee. The committee is focused on advising on maintenance and operational concepts to recommend to Archer for its all-electric aircraft aimed at driving towards best-in-class operational standards in the emerging eVTOL industry. The Committee is chaired... Read more