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Air Transportation

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Archer Aviation Closes 2025 With Tangible Gains, FAA Approval Still Out of Reach

Cash reserves exceed $2 billion, losses deepen, timelines remain uncertain.

Archer and Joby Strike Saudi Deals to Run eVTOL Sandbox Trials at Red Sea Sites

Archer to Buy Hawthorne Airport for $126 Million, Backed by $650 Million Stock Sale

Airbus Sees Freighter Fleet Growing 45% to 3,420 Jets by 2044

Joby Prices $514 Million Stock Offering at $16.85 as Shares Slide 11%

FAA Launches eVTOL Pilot Program as Archer and Joby Sign On

Joby Closes Purchase of Blade’s Passenger Business for $76 Million in Stock