The Dubai party jet for hire for $15,000 an hour [CNN]
![CNN](../../../Content/images/providers/CNN.png)
Archer Aviation Inc. Class A (ACHR)
Company Research
Source: CNN
For the super-rich, however, those convenient little time-saves now include ditching scheduled flights for trips on private jets. The global private aviation sector has been growing year on year since 2020 and the United Arab Emirates, no stranger to wealth and glitz, is spearheading the boom. Ad Feedback One unique offering out of Dubai is the 9H-FIVE party jet, launched in 2023 by luxury hotel brand FIVE, which has three on-the-ground properties in Dubai. The aircraft is an ACJ TwoTwenty, Airbus' new business jet in partnership with Comlux. And while private planes might typically be decked out in corporate beige, the offering here focuses not on business but pleasure. LED lighting adjusts for mood in the 16-seat cabin kitted out with electro-chromatic window shades, two 55-inch TV screens, an in-flight sound system with the availability of a specially curated playlist, smart technology touchscreens, high-speed Wi-Fi, and plenty of space to dance. Ad Feedback A 12-hou
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ACHR
News
- Why Archer Aviation Stock Was Grounded in August [Yahoo! Finance]Yahoo! Finance
- Archer Aviation Inc. (NYSE: ACHR) had its "overweight" rating re-affirmed by analysts at Cantor Fitzgerald. They now have a $10.00 price target on the stock.MarketBeat
- Archer Aviation says it is ahead of schedule for test flights [Seeking Alpha]Seeking Alpha
- Archer Surpasses 400 Test Flights This Year, Achieving Company Milestone Four Months Ahead Of ScheduleBusiness Wire
- Archer Aviation Inc. (NYSE: ACHR) is now covered by analysts at HC Wainwright. They set a "buy" rating and a $12.50 price target on the stock.MarketBeat
ACHR
Sec Filings
- 8/29/24 - Form EFFECT
- 8/28/24 - Form 424B3
- 8/19/24 - Form 4
- ACHR's page on the SEC website