Archer

Archer Says It’s on Track To Fly in December

Archer Aviation (NYSE:ACHR) on Thursday delivered its first quarterly earnings report since going public two months ago, reporting a $177 million net loss, but saying it remains on track to fly its innovative new aircraft prototype by next month. The company attributed the loss to operating expenses, plus interest payments, which included the cost of […]

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Archer Announces Deal That Will Bring eVTOL Landing Sites to Major Cities

California-based startup Archer Aviation has partnered with Reef, the country’s largest parking operator, in a deal that will create landing sites for electric air taxis in major U.S. cities. As part of the agreement announced this week, Archer will retrofit parking garage rooftops to establish vertiports, or landing sites, for electric vertical takeoff and landing […]

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Archer and Fiat Chrysler Collaborate to Accelerate eVTOL Production

California-based Archer, creating the world’s first all-electric airline, plans to collaborate with Fiat Chrysler Automobiles (FCA) to access the automobile giant’s low-cost supply chain, advanced composite material capabilities, and engineering and design experience. Archer will manufacture high-volume, composite, electric vertical takeoff and landing (eVTOL) aircraft, with the intent of starting production in 2023. FCA, the parent company […]

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Piper Updates PiperJet Status

Piper made its first appearance at AirVenture under new ownership and under the stewardship of new CEO Kevin Gould and President John Becker. Now owned by Imprimis, Piper unveiled sweeping plans to expand its product line globally and moved to “reintroduce” two of its training airplanes, the Warrior and the Seminole, in support of the […]

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Pilot in aircraft
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