Archer and Falcon Aviation to Jointly Develop Vertiport Network in Dubai and Abu Dhabi for the Launch of Flying Car Operations in UAE as Soon as 2025
Archer Aviation Inc. Class A (ACHR)
Company Research
Source: Business Wire
Archer and Falcon Aviation will jointly develop a vertiport network in Dubai and Abu Dhabi, enabling flights between the two cities with Archer’s Midnight flying car while establishing a key operational development for Archer’s plans to launch across the Emirates in both cities as soon as 2025On March 8, 2024, Falcon Aviation launched the upgraded Falcon Tours Heliport Terminal at the iconic Atlantis, The Palm, which provides helicopter charter service to locals and tourists alike between Dubai’s top hotel on the Palm Jumeirah to key destinations, including Abu Dhabi and other cities in the UAE, as well as sightseeing trips above Dubai’s iconic skyline. As early as next year, the companies plan for this hub to serve Archer’s Midnight aircraft, operated by Falcon Aviation, as a quieter, safer, and more affordable option than helicoptersThis infrastructure partnership reaffirms the collaboration signed into agreement by Falcon Aviation last year to operate a fleet of Archer’s Midnight e
Show less
Read more
Impact Snapshot
Event Time:
ACHR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ACHR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ACHR alerts
High impacting Archer Aviation Inc. Class A news events
Weekly update
A roundup of the hottest topics
ACHR
News
- Archer Aviation Inc. (NYSE: ACHR) had its price target lowered by analysts at JPMorgan Chase & Co. from $7.00 to $5.00. They now have an "overweight" rating on the stock.MarketBeat
- Archer Aviation Inc. (ACHR) Rises Yet Lags Behind Market: Some Facts Worth Knowing [Yahoo! Finance]Yahoo! Finance
- Flying taxis, autonomous cars, and seagliders soon to be a reality in Abu Dhabi, confirms inaugural DRIFTx [Yahoo! Finance]Yahoo! Finance
- Archer Aviation Inc. (ACHR) Gains But Lags Market: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Archer Signs Framework Agreement For Multi-Hundred-Million Dollars To Accelerate Commercial Air Taxi Operations Across UAE [Yahoo! Finance]Yahoo! Finance
ACHR
Sec Filings
- 4/29/24 - Form ARS
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form DEF
- ACHR's page on the SEC website