Electric vertical takeoff and landing (eVTOL) aircraft developer Archer Aviation has secured what could be the crown jewel of its planned Los Angeles network.
The company revealed in its third-quarter earnings announcement on Thursday that it acquired Hawthorne Municipal Airport (KHHR), located less than 3 miles from Los Angeles International Airport (KLAX), for $126 million. Archer said Hawthorne will be its “operational hub” in Los Angeles, where it hopes to fly spectators, dignitaries, VIPs, and even athletes on its flagship Midnight air taxi during the 2028 Olympic Games.
