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Southwest Airlines Co. (NYSE:LUV) and Archer Aviation Inc. (NYSE:ACHR) have signed a memorandum of understanding (MOU) to develop operational plans for electric air taxi networks utilizing Archer's eVTOL aircraft at California airports where Southwest® operates. Archer Aviation is a leading manufacturer of electric vertical takeoff and landing (eVTOL) aircraft.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240712421311/en/
Southwest Airlines Co. and Archer Aviation Inc. have signed a memorandum of understanding (MOU) to develop operational plans for electric air taxi networks utilizing Archer's eVTOL aircraft at California airports where Southwest® operates. (Graphic: Business Wire)
Southwest is the Golden State's largest air carrier, operating at 14 airports across the state. Archer Midnight aircraft is designed to transform urban travel, replacing 60-to-90-minute commutes by car with estimated 10-to-20-minute electric air taxi flights. The goal of Archer's aircraft is to offer a safe, low-noise, cost-competitive transportation option with no direct emissions.
