Archer Aviation's Air Taxi Expansion in Saudi Arabia

Archer Aviation, an aircraft developer, has signed a significant deal with Saudi Arabias General Authority of Civil Aviation to launch air taxis. Their eVTOL aircraft, the Midnight, can carry five and fly at 150 mph. This partnership aims to establish regulations matching U.S. FAA rules, potentially opening the U.S. market. Archer is also partnering with airlines and government agencies, and has acquired Hawthorne Airport in Los Angeles for operations. Despite a recent FAA certification delay, Archer is preparing for Midnights final testing, with analysts optimistic about their efficient development strategy.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.