New Archer project includes sale of up to 50 eVTOL aircraft | Airlines

Archer Aviation and KakaoMobility have signed a partnership agreement that includes the planned purchase of up to 50 electric vehicle takeoff and landing (eVTOL) aircraft by the South Korean firm. 

Under the partnership Archer Aviation and KakaoMobility, a mobility as a service (MaaS) platform service company, have agreed a joint participation in the K-UAM Grand Challenge.  

K-UAM Grand Challenge is aimed at building public support for eVTOLs through public demonstrations of the aircraft in flight from late 2024.  

KakaoMobility, along with its consortium partners LG UPlus and GS E&C, have chosen Archer as their partner to ensure they reach their goal of conducting public demonstration flights with eVTOLs. 

The Korean government has set the goal of commercializing urban air mobility in the country by the mid-2020s, and in support of that objective the Ministry of Land, Infrastructure and Transport (MOLIT) is hosting the K-UAM Grand Challenge. 

KakaoMobility’s planned purchase of Archer’s eVTOL Midnight, is valued up to $250 million with pre-delivery payments also expected in 2025.The company plans to own and operate Archer’s Midnight aircraft in South Korea, offering electric air taxi flights to its over 30 million registered users on its Kakao T mobile app starting…

Source www.aerotime.aero

We use income earning auto affiliate links. More on Sponsored links.

> Cheap Flights and Hotels!
Several ways to buy cheap airline tickets.
- Start searching at least 2 months in advance and sign up for email alerts so you'll always be notified when flight prices drop.
- Budget airlines typically offer the cheapest flights.
- Save money by taking your flight early in the morning or late at night.
- Consider flying on a weekday instead of a weekend.
- Use an aggregator site to compare prices across airlines.
- Once you have found the best trip, select it on the aggregator site and move to the airline’s direct website to book your tickets. Some aggregators allow you to book the ticket through their website, but there may be an additional service fee.
  1. Discover amazing things to do on your vacation! with Viator – A Tripadvisor Company
  2. Save up to 50% on advance bookings with Viator – A Tripadvisor Company
  3. Roam the world Viator helps you explore the world, right from home, with our Roam From Home series of tours and activities

Viator – A TripAdvisor Company

Related Posts

After the Accident: It’s Not Worth Showing Off

With his parents watching, an F-14A fighter pilot took off from the Air National Guard airfield adjacent to Nashville International Airport (KNBA) in Tennessee. He immediately pitched up more than 50 degrees, climbing up into the clouds in a noisy blaze of afterburners. The pilot became disorientated, lost control, crashed, and died. A Navy inquiry determined the nonstandard, steep climb…

the world’s worst airline ticket has landed | Airlines

But wait, there’s more. Or rather, less. Selecting your seat will cost you more than usual. If you don’t pay, you’ll automatically be given a seat at the back of the plane. You will receive no points, nor rewards. Adding a check-in bag also costs more than usual. And finally, to rub salt in the wound, you will be the…

Mint Primer: More rights for foreign airlines: who will fly high? | Airlines

With a new government at the Centre, bilateral air service agreements are back in focus. In the past, these agreements, which give certain rights to countries, have elicited mixed reactions from stakeholders. Mint explains their working, the impact on airlines and passengers. What are bilateral rights? Bilateral rights are granted under air service agreements between two countries. They are a…

Sustainability, connectivity are top priority at EBACE2024 | Airlines

The executive aviation industry is currently facing a paradox. On the one hand, demand for private flying remains strong, propelled by the rise in the number of high-net-worth individuals around the globe. While on the other hand, the industry is increasingly being questioned by the public, the media, and politicians over its environmental credentials.   It is no exaggeration to say…

Qatar Airways, China Southern sign codeshare agreement | Airlines

Qatar Airways and China Southern Airlines have announced an expansion of their partnership, including a new codeshare agreement and a Memorandum of Understanding (MoU). This collaboration aims to enhance travel options and convenience for passengers. The MoU, signed by Qatar Airways Group CEO Badr Mohammed Al-Meer and China Southern Airlines President and CEO Han Wensheng, outlines a framework for strengthening…

Avatar Airlines Seeks CEO Who Will Pay $250K To Buy Job | Airlines

If you’ve ever wanted to be the CEO of an “airline,” this is your chance… Avatar Airlines’ shameless CEO job posting Avatar Airlines is an airline startup that’s decades in the making (more on that in a bit). If you’ve always wanted to work for the airline (who hasn’t?), this is your chance. The company is now seeking a new…