Ethiopian Airlines entered a groundbreaking agreement with Archer Aviation (NYSE: ACHR) to deploy Archer’s electric vertical takeoff and landing (eVTOL) aircraft, Midnight.
This is under Archer’s recently announced “Launch Edition” program.
The deal, valued at up to $30 million, aims at establishing the country’s first electric air taxi network.
Archer will provide Ethiopian Airlines with a dedicated team of pilots, technicians, and engineers to support the launch…
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