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Archer Aviation Extends Rally, Gains 9% on LA28 Air Taxi Deal Momentum
Archer Aviation (NYSE:ACHR) jumped 8.7% midday Friday, running hot after being named the Official Air Taxi Provider for the 2028 Los Angeles Olympic and Paralympic Games on Thursday. Its essentially a coup that could showcase its Midnight eVTOL fleet to over 15 million visitors and billions of global viewers.
The aircraft still aren't commercially approved but could offer a way around Los Angeles' notoriously poor traffic.
Los Angeles Olympic organizers have selected Archer Aviation to be the official air-taxi service for the 2028 Games, saying ...
Though Archer Aviation is yet to be certified by the US FAA, the company is hoping to begin its LA network operations by as ...
Archer Aviation has been named the air taxi provider for LA28 Olympics. ACHR shares valuation suggests the eVTOL is grossly ...
Archer Aviation shares have climbed this week following several positive company developments. These include its LA28 Olympics air taxi deal and strong first-quarter financial results.
Archer Aviation, the California-based electric vertical takeoff and landing (eVTOL) company, has been named the exclusive air taxi provider for the 2028 Los Angeles Olympic and Paralympic Games.
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