BUZZ-Archer Aviation to launch air taxis in UAE, shares rise

Reuters

2024/12/06

** Shares of air-taxi maker Archer Aviation ACHR.N up 5% at $8 in morning trade

** ACHR announces agreement for launch of first commercial electric vertical takeoff and landing (eVTOL) aircraft in UAE

** Up to last close, stock up 24.76% YTD

(Reporting by Anshuman Tripathy)

((Anshuman.Tripathy@thomsonreuters.com))

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