Archer Aviation has completed the first phase of transactions to acquire control of Hawthorne Municipal Airport in Los Angeles. The milestone advances the multi-step acquisition process, clearing an initial legal and financial hurdle toward securing full control and future operational planning at the site.
Discovered |
Briefing
Secures a strategic Los Angeles aerodrome — the Jack Northrop Field purchase for $126 million — giving Archer a controllable site for vertiport operations, testing and infrastructure deployment (see purchase details: https://hype.aero/?story=13a311d7-7a70-4347-b587-28f37d933573)
Moves Archer closer to operational readiness and partnership roll‑outs ahead of major events and network plans, following its designation as Los Angeles’ exclusive air‑taxi partner and its announced Miami eVTOL network partnerships (LA partnership: https://hype.aero/?story=d354cffe-9975-4a5d-8e46-d00db902b92c; Miami network: https://hype.aero/?story=c1f29955-224c-4398-bc55-b2d760365904)
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Archer completes first phase of Hawthorne Airport deal, secures master lease and subleases • Urban Air Mobility News
Aviation Source
• Len Varley