Archer Aviation (ACHR.US) Unveils Plans for Miami Metro Area Air Taxi Network

Stock News12-03

Archer Aviation (ACHR.US) announced plans on Wednesday to operate an air taxi network in the Miami metropolitan area. The network will connect Miami, West Palm Beach, Boca Raton, and Fort Lauderdale via air taxi flights. It will also link the region's three major international airports: Miami International Airport, Fort Lauderdale-Hollywood International Airport, and Palm Beach International Airport, along with strategic general aviation airports in the area.

Real estate firm Related Ross will construct a vertiport at its downtown West Palm Beach development. Hard Rock Stadium and Apogee Golf Club will retrofit their existing helipads to accommodate electric operations in support of the air taxi service. Dragon Global will build a vertiport site at the Magic City Innovation District, a development in Miami's Little Haiti neighborhood.

Archer's air taxi network will operate its piloted "Midnight" aircraft, designed to carry four passengers.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment