Archer's electric air taxis can reach speeds of up to 240 kilometres per hour. AP
Archer's electric air taxis can reach speeds of up to 240 kilometres per hour. AP
Archer's electric air taxis can reach speeds of up to 240 kilometres per hour. AP
Archer's electric air taxis can reach speeds of up to 240 kilometres per hour. AP

United Airlines vows to buy flying electric taxis to shuttle people to airports


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United Airlines has pledged to buy up to 200 electric flying taxis to help customers get to the airport.

The US airline said it will help electric aircraft start-up Archer develop an aircraft capable of helicopter-style, vertical take-offs and landings. Archer hopes to deliver its first aircraft in 2024, if it wins certification from the Federal Aviation Administration.

United said once the aircraft are flying, it and partner Mesa Airlines will acquire up to 200 that would be operated by another company.

According to an Archer presentation to investors, the orders are worth $1 billion with an option for $500 million more.

Archer’s aircraft are designed to fly on battery power for up to 97 kilometres at speeds of up to 240 kilometres per hour.

The company plans to launch service in congested areas close to airports. United estimated the air taxis could shuttle people from Hollywood to Los Angeles International Airport at about half the carbon emissions per passenger.

Cowen analyst Helane Becker said United could use Archer’s aircraft between New York City and Newark Liberty Airport in New Jersey, or from downtown Chicago to O’Hare Airport, allowing customers to avoid traffic.

Chicago-headquartered United portrayed the move as part of a broader plan to invest in technology behind cleaner modes of air travel. Chief executive Scott Kirby said Archer’s design “has the clear potential to change how people commute within major metropolitan cities all over the world".

Many airlines including United have made investments in biofuel, but limited supplies are likely to hinder wider use of such alternatives to jet fuel for many years.

In December, United pledged to offset all its carbon emissions by 2050, in part by investing in technology to remove carbon from the air and bury it.

BULKWHIZ PROFILE

Date started: February 2017

Founders: Amira Rashad (CEO), Yusuf Saber (CTO), Mahmoud Sayedahmed (adviser), Reda Bouraoui (adviser)

Based: Dubai, UAE

Sector: E-commerce 

Size: 50 employees

Funding: approximately $6m

Investors: Beco Capital, Enabling Future and Wain in the UAE; China's MSA Capital; 500 Startups; Faith Capital and Savour Ventures in Kuwait

The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE