Archer Aviation, a company specializing in electric vertical takeoff and landing (eVTOL) vehicles, has reached a major milestone in its journey towards introducing flying taxis into American airspace. The U.S. Federal Aviation Administration (FAA) has issued the final “airworthiness criteria” for Archer’s Midnight aircraft, clearing the way for its certification and commercialization plans. Midnight is an eVTOL vehicle capable of conducting flights of 10-50 miles at speeds of up to 150 mph, designed to operate in urban environments and alleviate traffic congestion.
This achievement makes Archer the second company, after Joby Aviation, to meet the FAA’s airworthiness criteria for eVTOL aircraft. The FAA’s Type Certification, which verifies compliance with airworthiness, noise, fuel venting, and exhaust emissions standards, is now within reach for Archer’s Midnight. Billy Nolen, Archer’s Chief Regulatory Affairs Officer and former FAA Administrator, expressed enthusiasm about the progress made: “Midnight is one giant step closer to taking passengers into the sky in the coming years in the U.S. The final airworthiness criteria for Midnight is an important step on our journey to make electric flying taxis an everyday reality.”
Despite this positive development, concerns have been raised by the Air Line Pilots Association International (ALPA), representing over 74,000 pilots, regarding the use of batteries as the sole energy source for aircraft propulsion. ALPA emphasized the need for appropriate aircraft battery standards and the potential hazards associated with classifying certain Advanced Air Mobility (AAM) aircraft and certifying them. These concerns highlight the importance of addressing safety and regulatory aspects as eVTOL technology continues to advance.
Archer has faced financial challenges, reporting net losses of $457.9 million in fiscal year 2023 and $116.5 million in the first quarter of this year. The company’s shares have also experienced a significant decline of over 40% year-to-date as of May 24. However, Archer remains optimistic about the potential of its eVTOL vehicles to revolutionize transportation. The company claims that its Midnight aircraft can reduce travel time from downtown Manhattan to Newark EWR airport from 52 minutes by car to just nine minutes. With a seating capacity of one pilot and four passengers, Archer aims to begin operations with its flying cars next year.
Archer has already secured valuable contracts, including an agreement with the U.S. Air Force to supply six Midnight aircraft worth $142 million. Additionally, the company signed a contract with United Airlines, which placed a $10 million deposit for 100 eVTOLs. This collaboration demonstrates United Airlines’ commitment to being at the forefront of bringing eVTOL aircraft to the market. Furthermore, Archer and United Airlines announced plans to launch the first air taxi route in Chicago, connecting O’Hare International Airport and Vertiport Chicago. By utilizing Midnight, the travel time for this route would be reduced from over an hour during rush hour traffic to approximately 10 minutes.
The FAA’s Advanced Air Mobility plan is an essential component in facilitating the integration of new aircraft and related technologies for more efficient transportation options. The plan has received support from the Transport Workers Union of America (TWU), the largest airline union in the United States, which recognizes its potential as a significant technological advancement. However, TWU emphasizes the importance of rigorous scrutiny and regulation by the FAA due to the unproven nature of this transportation innovation. The union also raises concerns about the need for robust standards and sufficient time for pilots to address mechanical issues during flights, given the lower altitude and proximity to buildings and the ground for AAM aircraft.
According to a report by Precedence Research, the global flying taxi market was valued at $2.94 billion in 2022 and is projected to reach approximately $37.24 billion by 2032. North America is expected to dominate the market during this period, driven by the rising need for faster transportation systems and significant technological innovations. The support of the U.S. and Canadian governments for the utilization of flying taxis is a key factor contributing to the growth of the market in the region.
In conclusion, Archer Aviation’s achievement of meeting the FAA’s airworthiness criteria for its Midnight aircraft marks a significant step towards the realization of electric flying taxis in the United States. While concerns have been raised regarding safety and regulatory aspects, Archer remains determined to revolutionize transportation with its eVTOL vehicles. The company’s contracts with the U.S. Air Force and United Airlines demonstrate the growing interest and investment in this emerging industry. As the global flying taxi market continues to expand, North America is expected to lead the way, driven by the demand for faster transportation options and technological advancements. The FAA’s Advanced Air Mobility plan plays a crucial role in facilitating the safe integration of these innovative aircraft into existing airspace regulations.
