The Brief

LOS ANGELES - Archer Aviation has acquired Hawthorne Airport for $126 million in cash, aiming to establish it as a central hub for its air taxi network operations.

What we know:

Officials stated that the acquisition includes an 80-acre site with approximately 190,000 square feet of terminal, office, and hangar facilities.

Built in the 1920s, Hawthorne Airport, also known as Jack Northrop Field, has played a significant role in Southern California's aerospace history. Its prime location is less than three miles from Los Angeles International Airport (LAX) and near major attractions like SoFi Stadium , Intuit Dome , the Kia Forum, and downtown Los Angeles .

Archer plans to utilize the airport as its operational hub for the upcoming LA28 Olympic Games and as a testbed f

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