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Benzinga
Benzinga
Business
Henry Khederian

Why Joby and Archer Aviation Shares Are Soaring Thursday

Joby Archer Aviation Archer Chris Rocheleau FAA ACHR Archer Aviation Inc Federal Aviation Administration Joby Aviation Joby Aviation Inc
San,Jose,,California,Us,-,February,14,,2025:,Archer,Brand

Shares of advanced air mobility leaders Joby Aviation Inc (NYSE:JOBY) and Archer Aviation Inc (NYSE:ACHR) are trading higher on Thursday following encouraging comments from Federal Aviation Administration (FAA) Acting Administrator Chris Rocheleau.

What To Know: In a public statement on X, Rocheleau affirmed the agency’s commitment to “safely integrate these new aircraft into our nation’s airspace,” potentially providing a significant tailwind for the electric air taxi sector.

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