It\u2019s a five-year-old, NYSE-listed start-up that has no product operating commercially. The \u201cflying taxi\u201d maker doesn\u2019t even have approvals from any regulator to begin its operations commercially.Yet, this is the company that InterGlobe, which runs India\u2019s largest airline Indigo, has pinned its hopes on to operate Midnight, the world\u2019s first electric vertical take-off and landing (eVTOL) aircraft, in India. The agreement was signed in November.The company concerned, Archer Aviation, hopes to commence operations in India in 2026, a year after doing the same in the US, which is when the approval from the US Federal Aviation Administration (FAA) is expected.<\/p>\n","protected":false},"excerpt":{"rendered":"
It\u2019s a five-year-old, NYSE-listed start-up that has no product operating commercially. The \u201cflying taxi\u201d maker doesn\u2019t even have approvals from any regulator to begin its operations commercially.Yet, this is the company that InterGlobe, which runs India\u2019s largest airline Indigo, has pinned its hopes on to operate Midnight, the world\u2019s first electric vertical take-off and landing (eVTOL) aircraft, in India. The agreement was signed in November.The company concerned, Archer Aviation, hopes to commence operations in India in 2026, a year after doing the same in the US, which is when the approval from the US Federal Aviation Administration (FAA) is expected.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[196,130,138],"tags":[],"class_list":["post-621326","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/621326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=621326"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/621326\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=621326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=621326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=621326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}