United Airlines wants to fly you to the airport.
United Airlines Holdings Inc. said Wednesday that it plans to buy up to 200 flying taxis from an electric aircraft startup, as the airline industry seeks new technologies to reduce its carbon footprint.
The purchase would be worth $1 billion, according to Archer, the Palo Alto, Calif.-based company developing the air taxis. The tentative agreement is a stamp of approval for Archer, which said Wednesday that it will go public through a combination with a special-purpose acquisition company in a deal that values the combined company at about $3.8 billion.