Archer Aviation announced it has signed a memorandum of understanding, or MOU, with Etihad Training that lays the groundwork for a partnership to recruit and train prospective pilots for Archer’s Midnight aircraft in Abu Dhabi to fly aircraft across the UAE. The MOU was announced at the start of the Future Aviation Forum in Riyadh, Saudi Arabia, where Archer is showcasing its Midnight aircraft for the first time in the country.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ACHR:
- Archer Aviation price target lowered to $4.50 from $6.50 at Barclays
- Archer Aviation reports Q1 net loss of ($116.5M)
- Archer Aviation price target lowered to $5 from $7 at JPMorgan
- Archer in ‘multi-hundred-million’ deal for commercialization of air taxis in UAE
- Archer Aviation names Billy Nolen chief regulatory affairs officer
