Why an Unproven Air Taxi Company Is Spending $126 Million to Take over a Los Angeles Airport

Why an unproven air taxi company is spending $126 million to take over a Los Angeles airport

Flying taxis — electric aircraft that take off and land vertically — are to be tested at the airport this company is buying.

ACHR Stock Today (Nov. 25, 2025): Archer Aviation Price, Airport Deal, Saudi Air-Taxi Push and Analyst Outlook

Quick Take on ACHR Stock Today Note: Prices and figures in this article are based on data available on November 25, 2025 and may change intraday. ACHR Stock Price Today: Volatile Trade After a Short-Lived Bounce Archer Aviation shares are back under mild pressure on Tuesday, November 25, 2025, with ACHR stock trading near $7.27, down about 2.3% from Monday’s close of $7.44. StockInvest Intraday so far, the stock has: Key context around the move:…

Archer to acquire storied Los Angeles airport, repurposing it as an electric air taxi hub

Archer Aviation has agreed to acquire the master ground lease for Hawthorne Airport in Los Angeles, California and repurpose it as a strategic air taxi network hub. Hawthorne Airport, also known as Jack Northrop Field, is currently a public-use airport. The name comes from the founder of Northrop Aircraft, Jack Northrop, who founded the company in 1939. Northrop built and flew many classic airplanes, including the YB-35 flying wing, the P-61 Bla…