Archer to buy California airport for $126M to serve as LA air-taxi hub
Archer Aviation has signed agreements to acquire control of Hawthorne Municipal Airport (HHR) in Southern California for $126 million in cash, positioning the site…
The United States is a prominent player in the global aviation industry, boasting a vast network of airlines, airports, and aerospace manufacturers. Its airspace is among the busiest in the world, accommodating a high volume of domestic and international flights. The nation is home to major aircraft manufacturers like Boeing and Lockheed Martin, contributing significantly to aircraft design, production, and technological advancements in the field. The Federal Aviation Administration (FAA) plays a crucial role in regulating and overseeing aviation safety, security, and air traffic management within the country.