InterGlobe Enterprises, the major investor behind India’s leading airline IndiGo, has joined forces with U.S.-based Archer Aviation to introduce an all-electric air taxi service in India by 2026. The collaboration, subject to regulatory approvals, aims to address the escalating demand for efficient transport solutions in India, grappling with extensive ground travel congestion and pollution in major cities.
Archer Aviation, with backing from industry giants like Stellantis, Boeing, and United Airlines, specializes in electric vertical takeoff and landing (eVTOL) aircraft, considered the future of urban air mobility. Their ‘Midnight’ e-aircraft can accommodate four passengers and a pilot, covering distances of up to 100 miles (approximately 161 kilometers). Initial operations plan to deploy 200 aircraft, commencing services in Delhi, Mumbai, and Bengaluru.
The companies highlight that a typical 60 to 90-minute car trip in Delhi will be reduced to approximately 7 minutes with the air taxi service. In addition to passenger transport, InterGlobe Enterprises plans to leverage e-aircraft for cargo, logistics, medical, emergency, and charter services.
Archer Aviation recently secured a $142 million deal with the U.S. Air Force for six Midnight aircraft. In October, the company announced plans to launch an air taxi service in the UAE. Following the news, Archer Aviation’s shares rose by 1.5% in U.S. premarket trading, while InterGlobe Aviation saw a 0.12% increase ahead of the announcement.
Sources By Agencies