Electric air taxis closer to taking off in South Florida skies [USA TODAY]
Archer Aviation Inc. Class A (ACHR)
Company Research
Source: USA TODAY
Archer Aviation has moved a step closer to bringing flying taxis to South Florida. Better known as air taxis, the helicopter-like aircrafts are designed to replace trips on the ground with all-electric flights. Archer plans to use its Midnight aircraft to reduce travel times and traffic congestion on South Florida highways. An air taxi trip from West Palm Beach to Miami could take as little as 30 minutes. Like a helicopter, they can take off and land vertically, and they fly at low speeds. But they are quieter than similar aircraft and more suitable for urban travel. Air taxis can reach speeds of up to 200 mph and reach altitudes of 1,000 to 3,000 feet, according to the Florida Department of Transportation. The range is expected to be no more than 80 miles. In Florida, air taxis are expected to focus on cargo delivery, passenger transportation and medical response. Along with South Florida's biggest airports, Archer also plans to pick up and drop off passengers at the Boca
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ACHR
Earnings
- 3/2/26 - Miss
ACHR
Sec Filings
- 3/31/26 - Form 4
- 3/27/26 - Form 144
- 3/26/26 - Form SCHEDULE
- ACHR's page on the SEC website