S hares of Archer Aviation Inc. rallied more than 12% on Friday after the air-taxi maker and Southwest Airlines Co. signed a deal to develop air-taxi services in California.

Southwest Airlines and Archer Aviation will work together to develop a new air taxi service in California using electric vertical takeoff and landing aircraft. Takeoff vertically with Southwest ...

Southwest Airlines has signed an agreement with Archer Aviation to develop operational plans for electric air taxi networks at the California airports the Dallas-based air carrier flies at. Archer ...

SOUTHWEST AIRLINES and ARCHER AVIATION signed MOU to develop operational plans for electric air taxi networks utilizing Archer’s eVTOL at California airports to replace 60-to-90-minute commutes ...

Archer hopes customers eventually will be able to book an Archer air taxi ticket at the same time they buy a Southwest plane ticket. United Airlines is also an investor in Archer Aviation.

Southwest Airlines and Archer Aviation have signed a memorandum of understanding (MOU) to develop operational plans for electric air taxi networks utilizing Archer’s eVTOL (electric vertical ...