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-0.00123456790123476 -1.23456790125362E-05 0.00246913580246908 0.00246913580246908 0.00370370370370362 0.00370370370370362 -0.00104938271604957 -0.00617283950617293
Stock impact report

Archer Secures Design Approval For UAE’s First Hybrid Heliport, Paving The Way For Commercial Air Taxi Service In Abu Dhabi

Archer Aviation Inc. Class A (ACHR) 
Company Research Source: Business Wire
The UAE’s aviation regulator, the General Civil Aviation Agency (GCAA), has approved the design for the planned transformation of the Abu Dhabi Cruise Terminal helipad into a hybrid heliport for both helicopter and eVTOL aircraft operationsThe goal is for this location to become the first site ready for eVTOL aircraft operations in the UAE, providing direct access to the Abu Dhabi Port, the Louvre Abu Dhabi, Saadiyat Island and the CornicheArcher is working to transform this helipad alongside its infrastructure partner Falcon Aviation in close coordination with the GCAAThe parties aim to complete this transformation in the second half of 2025 as part of Archer’s broader UAE infrastructure network for its early air taxi commercial service in partnership with leading operator Abu Dhabi Aviation (ADA) ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--The General Civil Aviation Agency (GCAA) has approved the design for the planned transformation of an Abu Dhabi Cruise Terminal helipad Show less Read more
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