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Barchart
Barchart
Aanchal Sugandh

Archer Aviation Just Landed a New Air Taxi Deal. Should You Buy ACHR Stock Now?

Archer Aviation (ACHR) is steadily climbing the ladder in the electric vertical takeoff and landing space, shaping the core of a trillion-dollar mobility revolution. This week, the company announced it had partnered with Jetex to expand its global air taxi network. The companies will first start by focusing on the United Arab Emirates. 

Jetex has a portfolio of private aircraft terminals at airports in more than 30 countries. Partnering with the aviation services company gives Archer Aviation access to that expansive network. The two companies plan to work together on “designing the passenger experience” and establishing the charging infrastructure and daily flights of its Midnight eVTOL. 

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