Archer Unveils Vision for New York Air Taxi Network, Including Routes Between Manhattan and Nearby Airports in Partnership with United Airlines

• Archer's vision of an air taxi network in NYC would connect Manhattan with nearby airports using its Midnight aircraft, allowing customers to replace one-to-two-hour drives with flights that take 5-15 minutes, potentially saving hours versus sitting in traffic
• The network would be designed to include vertiports at existing aviation assets around the region, including both airports and NYC helipads

Archer (NYSE:ACHR) unveiled plans today for a proposed New York City air taxi network in partnership with United Airlines, aiming to transform how New York residents and visitors move around the region.

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Archer's Planned New York City Network

Archer's goal is to enable passengers to travel from Manhattan to nearby airports in just 5-15 minutes using Midnight, dramatically reducing travel times compared to traditional ground transportation and helping avoid the city's notorious traffic.

Midnight is Archer's piloted electric air taxi designed to carry up to four passengers while producing less noise and emissions than a traditional helicopter. Midnight is built with redundant systems across the aircraft—including 12 total engines and propellers—allowing Archer to target similar levels of safety as commercial airliners. Archer is building Midnight in America at manufacturing facilities in San Jose, CA and Covington, GA.

Archer will look to utilize existing aviation properties around the region, with a goal of establishing vertiports associated with airports and helipads in the area.

Archer is continuing to work with the FAA to seek Type Certification of its Midnight aircraft. Once Type Certification is received, Archer and its operating partners plan to safely and seamlessly integrate Midnight into service, beginning with major airports like those in the New York City area. Archer received its FAA Part 135 Air Carrier and Operator Certificate in June 2024.

Under this concept of operations, passengers would book Archer flights as a complement to traditional airline travel, reducing door-to-door travel times. United previously placed an order for a fleet of Archer's Midnight aircraft and has remained a long-time investor in the company.

Archer is working closely with existing infrastructure partners, including Atlantic Aviation, Signature Aviation and Skyports/GroupeADP, as well as new partners Modern Aviation and Air Pegasus, to develop and electrify aviation assets in this proposed network.

Archer previously announced air taxi networks in San Francisco and Los Angeles.

Adam Goldstein, CEO and Founder of Archer, said, "The New York region is home to three of the world's preeminent airports, serving upwards of 150 million passengers annually. But the drive from Manhattan to any of these airports can be painful, taking one, sometimes two hours. We want to change that by giving residents and visitors the option to complete trips in mere minutes. With its existing helicopter infrastructure, regulatory support and strong demand, I believe New York could be one of the first markets for air taxis in the United States."

"At United, our focus is on driving innovation, reimagining the future of air travel and enhancing the customer experience every step of the journey," said Andrew Chang, Head of United Airlines Ventures. "Our strategic collaboration with Archer will be key to our efforts to build and optimize the infrastructure – such as real estate development, air space management, and safety and security protocols – necessary to bring advanced air mobility to our customers."

"The Port Authority is excited to help explore the possibility of a new wave of air mobility in the New York and New Jersey region," said PANYNJ Executive Director Rick Cotton. "We look forward to continued collaboration with Archer, other OEMs, operators and partners across the ecosystem to responsibly explore how this new technology can be safely integrated into the region's broader transportation network and ensure our airports are ready to support safe and efficient operations."

"New York City is ushering in an exciting new chapter of safe, quiet, and sustainable air transportation, pioneering the integration of eVTOL aircraft into our skies," said New York City Economic Development Corporation (NYCEDC) President & CEO Andrew Kimball. "We look forward to partnering with Archer and other leading eVTOL companies to propel this industry forward, facilitating the transition to eVTOLs and last-mile Blue Highways delivery – cleaning up our skies, unclogging our roadways, and improving the lives of New Yorkers in the process."

About Archer

Archer is designing and developing the key enabling technologies and aircraft necessary to power the future of aviation. To learn more, visit www.archer.com.

Source: Archer Aviation

Text: ArcherIR

Archer Forward-Looking Statements

This press release contains forward-looking statements regarding Archer's business plans and expectations, including statements regarding Archer's aircraft performance, the pace at which Archer intends to develop, certify, manufacture and commercialize its aircraft, its plans with respect to its partnership with United, entry into definitive agreements with respect to Archer's planned partnerships, estimated time savings, planned fulfillment of aircraft fleet contract, UAM network buildout, and business opportunities. Midnight has not yet been approved by the FAA for passenger service. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors. The risks and uncertainties that could cause actual results to differ from the results predicted are more fully detailed in Archer's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K, which is or will be available at www.sec.gov. In addition, please note that any forward-looking statements contained herein are based on assumptions that Archer believes to be reasonable as of the date of this press release. Archer undertakes no obligation to update these statements as a result of new information or future events.

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