United Airlines Firms eVTOL Order with Payment to Archer

Archer Aviation announced on Aug. 15 that it had received a $10 million pre-delivery payment from United Airlines. Archer secured the order of 100 with United in April 2021. The order was valued at $1 billion, meaning United Airlines put a 1% downpayment for the new aircraft. The payment marks…

United Airlines Invests in Heart Aerospace’s Electric Aircraft

United Airlines is eager for innovation. After committing to an order of 15 of Boom's 'Overture' jets earlier this year, the company has now invested in electric aircraft startup Heart Aerospace. The Sweden-based business is developing the ES-19, an electric-powered plane, that is expected to decarbonate regional air travel. Production…