Neighbors outraged as LA airport becomes ground zero for AI-driven flying taxis
Archer Aviation, a leading developer of electric vertical takeoff and landing (eVTOL) aircraft, just made one of its boldest moves yet. The company agreed to acquire Hawthorne Airport for $126 million in cash. According to Archer's latest shareholder letter, the deal includes the remaining 30 years on the airport's master lease and an exclusive option to take a controlling stake in the on-site fixed-base operator, subject to city approval. This historic 80-acre […]