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0.00248447204968939 0.00248447204968939 0.00869565217391308 0.0149068322981365 0.00618633540372663 0.00110559006211165 -0.00124223602484469 -0.00495652173913036
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Ethiopian Airlines, Africa’s Largest Carrier, and Archer Sign Agreement to Deploy Midnight Under the "Launch Edition" Program

Archer Aviation Inc. Class A (ACHR) 
Company Research Source: Business Wire
Archer announced today that it has signed an agreement outlining plans to deploy an initial fleet of Midnight aircraft to Africa’s largest carrier and Star Alliance member, Ethiopian Airlines, under Archer’s “Launch Edition” program valued at up to $30M.The companies will work together to over time build an air taxi network in the region, with Archer planning to provide Ethiopian Airlines with a team of pilots, technicians, and engineers to support the initial deployment of these early launch edition Midnight aircraft in Ethiopia.While the two companies will primarily focus on developing an air taxi network in the region, they will also explore other use cases, including eco-tourism. ADDIS ABABA, Ethiopia--(BUSINESS WIRE)--Archer Aviation (NYSE: Read more
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