London Daily

Focus on the big picture.
Thursday, Jul 10, 2025

Flying taxi network in LA could take off soon

Flying taxi network in LA could take off soon

Archer co-CEO Adam Goldstein discusses getting flying taxis to the market by 2024.

Electric aircraft maker Archer aims to make flying taxis a real thing soon.

Adam Goldstein, Archer co-CEO, told FOX Business' “Varney and Co.” the network could take off in Los Angeles within three years.

“We are currently in the certification process right now with the FAA and our target to get through that certification process is 2024,” Goldstein told host Stuart Varney.


The network of air taxis will consist of “the first urban electric jet,” which is a vertical takeoff and landing aircraft that can travel 150 miles per hour, according to Archer's website.

“This is technology that's been worked on for over a decade now,” Goldstein said. “This is not new technology. And in fact, we're moving out of really that R&D phase and moving more into the really commercialization phase.”


The service will provide “urban air mobility,” with typical trips of less than 100 miles.

“So think like LAX to maybe Malibu or LAX to maybe Beverly Hills... trips that would typically take you something like 60 minutes or as much as 90 minutes on the ground,” Goldstein said.


He likened the service’s ride cost to UberX pricing.

“[It’s] $3 to $4 per passenger mile,” he said. “So if you think about a trip like Manhattan to JFK, that would be between $60 and $70 in an UberX, and that would cost us something similar in an Archer vehicle as well.”

Goldstein said the low cost is due to going electric, which simplifies the vehicles and reduces maintenance and fuel costs.

“All of a sudden you have vehicles now that are luxury products but affordable to the mass market,” he said.

Newsletter

Related Articles

0:00
0:00
Close
Severe Heatwave Claims 2,300 Lives Across Europe
NVIDIA Achieves Historic Milestone as First Company Valued at $4 Trillion
Declining Beer Consumption Signals Cultural Shift in Germany
Linda Yaccarino Steps Down as CEO of X After Two Years
US Imposes New Tariffs on Brazilian Exports Amid Political Tensions
Azerbaijan and Armenia are on the brink of a historic peace deal.
Emails Leaked: How Passenger Luggage Became a Side Income for Airport Workers
Polish MEP: “Dear Leftists - China is laughing at you, Russia is laughing, India is laughing”
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Weinstein Victim’s Lawyer Says MeToo Movement Still Strong
U.S. Enacts Sweeping Tax and Spending Legislation Amid Trade Policy Shifts
Football Mourns as Diogo Jota and Brother André Silva Laid to Rest in Portugal
Labour Expected to Withdraw Support for Special Needs Funding Model
Leaked Audio Reveals Tory Aide Defending DEI Record
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
London Stock Exchange Faces Historic Low in Initial Public Offerings
A new online platform has emerged in the United Kingdom, specifically targeting Muslim men seeking virgin brides
Trump Celebrates Independence Day with B-2 Flyover and Signs Controversial Legislation
Boris Johnson Urges Conservatives to Ignore Farage
SNP Ordered to Update Single-Sex Space Guidance Within Days
Starmer Set to Reject Calls for Wealth Taxes
Stolen Century-Old Rolls-Royce Recovered After Hotel Theft
Macron Presses Starmer to Recognise Palestinian State
Labour Delayed Palestine Action Ban Over Riot Concerns
Swinney’s Tax Comments ‘Offensive to Scots’, Say Tories
High Street Retailers to Enforce Bans on Serial Shoplifters
Music Banned by Henry VIII to Be Performed After 500 Years
Steve Coogan Says Working Class Is Being ‘Ethnically Cleansed’
Home Office Admits Uncertainty Over Visa Overstayer Numbers
JD Vance Questions Mandelson Over Reform Party’s Rising Popularity
Macron to Receive Windsor Carriage Ride in Royal Gesture
Labour Accused of ‘Hammering’ Scots During First Year in Power
BBC Head of Music Stood Down Amid Bob Vylan Controversy
Corbyn Eyes Hard-Left Challenge to Starmer’s Leadership
London Tube Trains Suspended After Major Fire Erupts Nearby
Richard Kemp: I Felt Safer in Israel Under Attack Than in the UK
Cyclist Says Police Cited Human Rights Act for Riding No-Handed
China’s Central Bank Consults European Peers on Low-Rate Strategies
AI Raises Alarms Over Long-Term Job Security
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Musk Battles to Protect Tesla Amid Trump Policy Threats
Air France-KLM Acquires Majority Stake in Scandinavian Airlines
UK Educators Sound Alarm on Declining Child Literacy
Shein Fined €40 Million in France Over Misleading Discounts
Brazil’s Lula Visits Kirchner During Argentina House Arrest
Trump Scores Legislative Win as House Passes Tax Reform Bill
Keir Starmer Faces Criticism After Rocky First Year in Power
DJI Launches Heavy-Duty Coaxial Quadcopter with 80 kg Lift Capacity
U.S. Senate Approves Major Legislation Dubbed the 'Big Beautiful Bill'
Largest Healthcare Fraud Takedown in U.S. History Announced by DOJ
×