Future Flight Global (FFG) is planning to purchase up to 116 of Archer's Midnight aircraft, worth up to $580 million. The two companies are now working to formalise definitive agreements covering the intended aircraft purchases and strategic operating alliance, with nearly $5 million in pre-delivery payments planned upon their completion.

FFG, which has been under development for the past three years, is founded by members of the leadership team at Titan Aviation, including former CEO Karan Singh. Titan Aviation has been operating business jets under multiple air operator certificates worldwide for over two decades. FFG and Titan have a joint venture that will deploy and operate advanced air mobility assets globally.

Together, Archer and FFG plan to launch air taxi services in some of the largest markets globally, including southeast Asia, Europe and the Middle East.

First, FFG will operate select routes within Archer's planned air taxi service, leveraging its existing vertiport infrastructure network with partners such as North American FBO networks Signature and Atlantic Aviation, and will collaborate with new vertiport partners to provide service in other high demand locations.

Second, FFG will seek to deploy Midnight aircraft to provide on-demand transit to its most high value clients; corporations, hotels, governments and high net worth individuals.

To support these plans, Archer and FFG will work together on ecosystem development, infrastructure, regulatory engagement and demand generation.

“The aviation industry is on the cusp of its most exciting revolution in decades,” says Singh. “We're partnering with Archer to provide tailored, flexible aviation services to our top clients in some of the world's most exciting destinations. Midnight's versatility makes it well-suited to diverse routes and mission profiles, while also providing a world-class experience and operational efficiency that's attractive to our corporate clients.”

“This new agreement both grows our prospective order book to nearly $6 billion, and opens up Archer's global reach to premium international markets,” adds Andrew Cummins, director of business development at Archer. “As our first private aviation partner, and with its deep ties in aviation and bold approach, FFG is positioned to be a new leader in modern aviation. Partnering with Karan and the team at FFG was an obvious choice and an ideal relationship for Archer.”

This brings Archer's indicative order book to $6 billion. Archer's goal is to transform urban travel, replacing 60-90 minute commutes by car in traffic with estimated 10-20 minute electric air taxi flights using the Midnight eVTOL.