NEWS! Looking 💪🏻!!!!
$Archer Aviation (ACHR.US)$ Archer Aviation (ACHR) and India's travel and hospitality conglomerate InterGlobe Enterprises said Thursday that they have signed a memorandum of understanding to launch and operate an all-electric air taxi service in India.
The companies said they will work with business partners in India to operate Archer's aircraft, finance and build vertiport infrastructure, and train pilots and other personnel required for the service.
The companies said they will work with business partners in India to operate Archer's aircraft, finance and build vertiport infrastructure, and train pilots and other personnel required for the service.
*****They also said they plan to finance the purchase of up to 200 of Archer's Midnight aircraft for the venture.******
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