Archer Air Receives FAA Certification To Begin Operating Commercial Airline

RTTNews | Pred 166 dňami

(RTTNews) - Archer Aviation Inc. (ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced Wednesday that its subsidiary, Archer Air, has received its Part 135 Air Carrier & Operator Certificate from the Federal Aviation Administration (FAA).

This certificate allows Archer to begin operating aircraft commercially to refine its systems and procedures in advance of launching Midnight into service for airlines like United Airlines when it receives Midnight's Type Certification.

To receive the certification, Archer Air has developed, and demonstrated to the FAA its adherence to, the necessary policies and procedures to begin operating aircraft commercially in accordance with the stringent safety and operational standards set forth by the FAA.

Archer is now one of two air taxi manufacturers in the world to have announced receipt of a Part 135 certificate from the FAA.

In addition to its Part 135 certificate, Archer previously announced it has received its Part 145 certificate from the FAA allowing it to perform specialized aircraft repair services. This means Archer has now received the two key operational certificates required from the FAA for it to be in a position to begin its air taxi operations when Midnight receives its Type Certification.

The FAA also recently issued the final airworthiness criteria for the Midnight aircraft. Archer's Midnight is a piloted, four-passenger aircraft designed to perform rapid back-to-back flights with minimal charge time between flights.

Značky: ACHR

Archer Receives First Nearly $1 Mln U.S. Air Force Payment On Contracts Valued At Up To $142 Mln

Archer Aviation Inc. (ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced Wednesday that the U.S. Air Force has provided the company with its first installment of nearly $1 million on their recently announced contracts valued at up to $142 million.

RTTNews | Pred 411 dňami

United Airlines, Archer To Launch First Air Taxi Route In Chicago

United Airlines and Archer Aviation Inc. announced plans to launch the first commercial electric air taxi route in Chicago, between O'Hare International Airport or ORD and Vertiport Chicago. As part of their urban air mobility or UAM network buildout, both companies will utilize Archer's electric vertical takeoff and landing or eVTOL aircraft in the new route.

RTTNews | Pred 606 dňami

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, following the mixed cues from Wall Street overnight, as traders picked up some stocks at a bargain after the recent weakness in the markets amid concerns about the outlook for interest rates. Strong gains in mining and energy stocks also boosted the markets amid climbing commodity prices. Asian markets closed mixed on Monday.

RTTNews | Pred 5 h 48 min

Indian Shares Seen Opening Slightly Higher

Indian shares may open higher Tuesday morning, tracking cues from Wall Street where stocks saw some upside overnight thanks to bargain hunting following the steep drop seen last week. Slightly higher Gift Nifty futures also point to a positive start for the Indian market.

RTTNews | Pred 6 h 23 min

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Tuesday, reversing the losses in the previous session, with the Nikkei 225 moving above the 38,400 level, following the mixed cues from Wall Street overnight, with gains across most sectors led by automakers, exporters and financial stocks.

RTTNews | Pred 6 h 50 min

Higher Open Anticipated For Thai Stock Market

The Thai stock market on Monday ended the two-day losing streak in which it had slumped almost 10 points or 0.8 percent. The Stock Exchange of Thailand now sits just above the 1,450-point plateau and it's got a positive lead again for Tuesday's trade. The global forecast for the Asian markets is cautiously optimistic, with technology and oil stocks expected to lead the way higher. The European and U.S. markets were mostly higher and the Asian bourses are also likely to open to the upside.

RTTNews | Pred 7 h 21 min

Indonesia Stock Market Due For Support On Tuesday

The Indonesia stock market has finished lower in four straight sessions, shedding almost 190 points or 2.5 percent along the way. The Jakarta Composite Index now rests just beneath the 7,135-point plateau although it may stop the bleeding on Tuesday. The global forecast for the Asian markets is cautiously optimistic, with technology and oil stocks expected to lead the way higher. The European and U.S. markets were mostly higher and the Asian bourses are also likely to open to the upside. The JCI finished modestly lower on Monday following losses from the financial shares and mixed performances from the cement and resource companies. For the day, the index shed 26.98 points or 0.38 percent to finish at 7,134.28 after trading between 7,118.87 and 7,174.75. Among the actives, Bank CIMB Niaga sank 0.84 percent, while Bank Mandiri fell 0.39 percent, Bank Danamon Indonesia shed 0.40 percent, Bank Negara Indonesia declined 0.81 percent, Bank Central Asia tumbled 1.72 percent, Bank Rakyat Indonesia tanked 2.68 percent, Indosat Ooredoo Hutchison dropped 0.88 percent, Indocement lost 0.72 percent, Semen Indonesia rose 0.28 percent, United Tractors surrendered 2.64 percent, Astra International dipped 0.20 percent, Energi Mega Persada rallied 3.15 percent, Astra Agro Lestari stumbled 2.70 percent, Aneka Tambang slid 0.36 percent, Jasa Marga slumped 0.44 percent, Vale Indonesia plunged 3.40 percent, Timah retreated 0.76 percent, Bumi Resources surged 2.68 percent and Bank Maybank Indonesia and Indofood Sukses Makmur were unchanged.

RTTNews | Pred 7 h 51 min

Australian Market Significantly Higher

Adding to the gains in the previous three sessions, the Australian stock market is trading significantly higher on Tuesday, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,300 level, with gains across most sectors led by energy and mining stocks amid upbeat commodity prices.

RTTNews | Pred 8 h 6 min

EURUSD	1.05923	GBPUSD	1.26798	AUDUSD	0.65164
USDJPY	154.391	USDCAD	1.40155	USDCHF	0.88352