UAL - Why Archer Aviation Shares Are Gaining Today | Benzinga
Archer Aviation Inc. (NYSE:ACHR) shares are trading higher on Wednesday.
The company’s subsidiary, Archer Air, has received its Part 135 Air Carrier & Operator Certificate from the Federal Aviation Administration.
This certificate allows Archer to begin operating aircraft commercially to refine its systems and procedures in advance of launching Midnight aircraft into service for airlines like United Airlines Holdings, Inc. (NASDAQ:UAL) when it receives Midnight’s Type Certification.
Archer is one of two air taxi manufacturers in the world to have announced receipt of a Part 135 certification from ...