Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

U.S. FAA proposes airworthiness criteria for Archer Aviation air taxi

Published 12/19/2022, 11:22 AM
Updated 12/19/2022, 03:02 PM
© Reuters. FILE PHOTO: Adam Goldstein (R) and Brett Adcock, co-founders and co-CEOs of flying taxi company Archer Aviation, pose for a picture as they rehearse for the unveiling of their all-electric aircraft from a facility in Hawthorne, California, U.S. June 8, 20

By David Shepardson

WASHINGTON (Reuters) -The Federal Aviation Administration (FAA) on Monday issued the airworthiness criteria that Archer Aviation will need to meet for its M001 air taxi to be certified for use.

The FAA released the criteria for public comment of Archer's electric vertical takeoff and landing (eVTOL) aircraft. The release comes after the FAA made a similar announcement in November for Joby Aviation's Model JAS4-1 eVTOL. Archer said earlier this month it is working to win FAA certification of its eVTOL in late 2024.

Earlier this month, Archer said its eVTOL completed its first full transition flight on Nov. 29 -- less than a year after its first hover flight after several months of testing.

Archer, which is backed by United Airlines and Stellantis NV, said in October it aims to make about 250 battery-electric air taxis in 2025 and scale up production in the following years.

The eVTOL aircraft have been touted as air taxis that could be the future of urban air mobility. The low-altitude urban air mobility aircraft has drawn a huge amount of interest.

The FAA said in May it was modifying its regulatory approach because regulations designed for traditional airplanes and helicopters "did not anticipate the need to train pilots to operate powered-lift, which take off in helicopter mode, transition into airplane mode for flying, and then transition back to helicopter mode for landing."

The FAA said the Archer eVTOL "will be much quieter than conventional helicopter turboshaft engines and rotors. As a result, birds will have fewer cues to the existence of the

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

vehicle due to quiet approach environments" and as a result "the FAA proposes a more comprehensive bird strike requirement."

Delta Air Lines (NYSE:DAL) in October invested $60 million in Joby, in a partnership that expects to initially offer passengers air taxi transport to and from airports in New York and Los Angeles.

Joby said in November it now expects to start commercial passenger air taxi service in 2025 after receiving FAA approvals. Joby said previously it plans to launch commercial service in 2024.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.