Trade Masters Chronicle
  • Economy
  • Editor’s Pick
  • Investing
  • Latest News
No Result
View All Result
  • Economy
  • Editor’s Pick
  • Investing
  • Latest News
No Result
View All Result
Trade Masters Chronicle
No Result
View All Result

Electric air taxi maker Archer Aviation gets key FAA sign-off

by
June 6, 2024
in Editor's Pick
0
Electric air taxi maker Archer Aviation gets key FAA sign-off

The Federal Aviation Administration has granted Archer Aviation a key certification that gets the electric air taxi maker closer to eventually flying travelers, the company said Wednesday.

Archer is making electric vertical takeoff and landing aircraft, or eVTOLs, and won orders and backing in 2021 from United Airlines, which says the new technology could reduce carbon emissions.

Carriers have been investing in or ordering eVTOL aircraft, which take off and land vertically like helicopters and whose developers say they can cut down on emissions in congested areas. United, for example, says passengers could take them to and from the airport in big cities, such as between Manhattan and United’s hub in Newark, New Jersey.

“Today we have received the Part 135 certification, which allows us to effectively become an airline so we can carry passengers,” Archer CEO Adam Goldstein told CNBC.

The process has taken Archer about two years: It submitted more than 2,000 pages of documents and 14 manuals outlining operational procedures, training and maintenance.

Now Archer has to get its four-passenger aircraft, called “Midnight,” certified by the FAA, which the company is currently working on, Goldstein said. That could put the air taxis into service as early as next year, the company estimates. Goldstein said he couldn’t give an exact time frame but when asked about certification delays on variants of older aircraft, he noted that Archer’s aircraft are much simpler with far fewer components than commercial jets.

Visitors to the 2023 Dubai Air Show sit inside an Archer Aviation Midnight aircraft.Christopher Pike / Bloomberg via Getty Images file

Archer’s demonstrator aircraft, Maker, can fly up to 60 miles at top speeds of 150 mph. The company’s Midnight aircraft has a range of 100 miles, though Archer aims to use it for shorter distances.

United is working with Archer on what it would look like to enter the electric aircraft into service.

“This is not something that is a push of a button,” said Andrew Chang, managing director of United Airlines’ venture arm. “It’s matching how quickly [Archer] can progress the operational side and how to fit that within our airport hubs.”

Archer has partnered with automaker Stellantis to produce hundreds of the electric air taxis.

Archer’s rivals have also made strides. Joby Aviation received its Part 135 certificate two years ago, has a partnership with the U.S. Air Force, and has won orders and backing from Delta Air Lines. On Tuesday, Joby said it plans to acquire the autonomy division of autonomous aviation company Xwing.

This post appeared first on NBC NEWS
Previous Post

Bad economic news has been good for stocks, but that could change this week

Next Post

Big Mac battle: McDonald’s loses burger trademark for E.U. in battle with Irish rival

Next Post
Big Mac battle: McDonald’s loses burger trademark for E.U. in battle with Irish rival

Big Mac battle: McDonald’s loses burger trademark for E.U. in battle with Irish rival

  • Trending
  • Comments
  • Latest
Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

October 24, 2024
Buy Bitcoin Under $100K Before The Next Bull Run

Buy Bitcoin Under $100K Before The Next Bull Run

April 22, 2025
Gold and silver: the price of gold has resistance at $2360

Gold and silver: the price of gold has resistance at $2360

May 29, 2024
Obama-era officials mum on allegations of ‘manufactured’ intelligence launching Trump-Russia probe

Obama-era officials mum on allegations of ‘manufactured’ intelligence launching Trump-Russia probe

July 21, 2025
‘President of peace’: Trump tapped for Nobel Prize amid talks to end Russia-Ukraine war

‘President of peace’: Trump tapped for Nobel Prize amid talks to end Russia-Ukraine war

0
Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales

Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales

0
Amal Clooney played key role in ICC arrest warrants for Netanyahu, Hamas leaders

Amal Clooney played key role in ICC arrest warrants for Netanyahu, Hamas leaders

0
Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87

Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87

0
‘President of peace’: Trump tapped for Nobel Prize amid talks to end Russia-Ukraine war

‘President of peace’: Trump tapped for Nobel Prize amid talks to end Russia-Ukraine war

August 19, 2025
Group accused of using fake accounts to buy tickets to Taylor Swift and Springsteen shows

Group accused of using fake accounts to buy tickets to Taylor Swift and Springsteen shows

August 19, 2025
Conservative ‘playbook’ to beat Democrats in court outlined in senator’s new book

Conservative ‘playbook’ to beat Democrats in court outlined in senator’s new book

August 19, 2025
Conservative roadmap targets Medicaid, student loans for Trump’s ‘big, beautiful’ sequel

Conservative roadmap targets Medicaid, student loans for Trump’s ‘big, beautiful’ sequel

August 19, 2025
Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recent News

    ‘President of peace’: Trump tapped for Nobel Prize amid talks to end Russia-Ukraine war

    ‘President of peace’: Trump tapped for Nobel Prize amid talks to end Russia-Ukraine war

    August 19, 2025
    Group accused of using fake accounts to buy tickets to Taylor Swift and Springsteen shows

    Group accused of using fake accounts to buy tickets to Taylor Swift and Springsteen shows

    August 19, 2025
    Conservative ‘playbook’ to beat Democrats in court outlined in senator’s new book

    Conservative ‘playbook’ to beat Democrats in court outlined in senator’s new book

    August 19, 2025
    Conservative roadmap targets Medicaid, student loans for Trump’s ‘big, beautiful’ sequel

    Conservative roadmap targets Medicaid, student loans for Trump’s ‘big, beautiful’ sequel

    August 19, 2025

    Top News

    ‘President of peace’: Trump tapped for Nobel Prize amid talks to end Russia-Ukraine war

    ‘President of peace’: Trump tapped for Nobel Prize amid talks to end Russia-Ukraine war

    August 19, 2025
    Group accused of using fake accounts to buy tickets to Taylor Swift and Springsteen shows

    Group accused of using fake accounts to buy tickets to Taylor Swift and Springsteen shows

    August 19, 2025

    Latest News

    • ‘President of peace’: Trump tapped for Nobel Prize amid talks to end Russia-Ukraine war
    • Group accused of using fake accounts to buy tickets to Taylor Swift and Springsteen shows
    • Conservative ‘playbook’ to beat Democrats in court outlined in senator’s new book

    About Trade Masters Chronicle

    • About us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 TradeMastersChronicle.com. All Rights Reserved.

    No Result
    View All Result
    • Economy
    • Editor’s Pick
    • Investing
    • Latest News

    Copyright © 2025 TradeMastersChronicle.com. All Rights Reserved.