TWC Aviation, Inc.

Archer Aviation and Air Chateau International Announce Air Chateau International’s Planned Purchase of up to 100 Midnight Aircraft Worth up to $500M

Retrieved on: 
Giovedì, Novembre 16, 2023

Air Chateau plans to own and operate the Midnight aircraft in the region.

Key Points: 
  • Air Chateau plans to own and operate the Midnight aircraft in the region.
  • The two companies will now work to formalize the definitive agreements covering the planned purchase over the coming months, with $4 million of additional pre-delivery payments contemplated to be paid following signing.
  • Air Chateau’s operations offer last mile services targeted at ultra-high net worth individuals, including connectivity between airports, cities and strategic points and key attractions.
  • We are very grateful for having the opportunity to pave the way for the future of Air Mobility in Dubai with Archer,” said Dr. Samir Mohamed, Chairman and Founder of Air Chateau.

Archer Announces Third Quarter 2023 Results

Retrieved on: 
Giovedì, Novembre 9, 2023

Archer Aviation Inc. (“Archer” or the “Company”) (NYSE: ACHR) today announced operating and financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Archer Aviation Inc. (“Archer” or the “Company”) (NYSE: ACHR) today announced operating and financial results for the third quarter ended September 30, 2023.
  • Archer will be conducting its earnings conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) today.
  • The Company has issued a shareholder letter discussing its third quarter 2023 operating and financial results, as well as its fourth quarter 2023 estimates.
  • Commenting on third quarter results, Adam Goldstein, Archer’s CEO said:
    “This has been a quarter of major milestones for Archer.

Archer Aviation and BETA Technologies Collaborate to Accelerate the Adoption of an Interoperable Charging System Across the Electric Aviation Industry

Retrieved on: 
Martedì, Novembre 7, 2023

Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, and BETA Technologies, an electric aerospace company developing electric aircraft and charging systems, have announced an industry-first agreement to accelerate the roll out of an interoperable fast-charging system across the electric aircraft industry.

Key Points: 
  • Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, and BETA Technologies, an electric aerospace company developing electric aircraft and charging systems, have announced an industry-first agreement to accelerate the roll out of an interoperable fast-charging system across the electric aircraft industry.
  • BETA’s charging system utilizes the Combined Charging Standard (CCS) – a multimodal, interoperable standard employed by the top OEMs.
  • “Fast charging is critical to ensure rapid turnaround times between flights,” commented Adam Goldstein, Archer’s founder and CEO.
  • “Enabling electric aircraft and electric ground vehicles from different manufacturers to share charging infrastructure will help reduce the costs of electrifying existing infrastructure.

Archer Is Set To Debut It’s Midnight Electric Air Taxi At The Dubai Air Show

Retrieved on: 
Lunedì, Novembre 6, 2023

Additionally, Archer founder and CEO, Adam Goldstein, is set to deliver a keynote address as part of the show’s opening ceremony unveiling Archer’s plans to bring electric air taxis to the United Arab Emirates (UAE) in 2026.

Key Points: 
  • Additionally, Archer founder and CEO, Adam Goldstein, is set to deliver a keynote address as part of the show’s opening ceremony unveiling Archer’s plans to bring electric air taxis to the United Arab Emirates (UAE) in 2026.
  • Archer will also have a presence in Mubadala Investment Company’s booth, reflecting the two companies’ long-standing relationship.
  • View the full release here: https://www.businesswire.com/news/home/20231106955357/en/
    Archer's Midnight eVTOL aircraft will be on display the 2023 Dubai Air Show in the AAM Pavilion.
  • Archer’s Midnight is a piloted, four-passenger aircraft designed to perform rapid back-to-back flights with minimal charge time between flights.

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Archer Aviation Inc. (ACHR) Investors of a Class Action Lawsuit and Upcoming Deadline

Retrieved on: 
Lunedì, Ottobre 23, 2023

NEW YORK, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Archer Aviation Inc. ("Archer" or the "Company") (NYSE: ACHR) of a class action securities lawsuit.

Key Points: 
  • NEW YORK, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Archer Aviation Inc. ("Archer" or the "Company") (NYSE: ACHR) of a class action securities lawsuit.
  • CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Archer investors who were adversely affected by alleged securities fraud between September 17, 2021 and August 15, 2023.
  • Follow the link below to get more information and be contacted by a member of our team:
    ACHR investors may also contact Joseph E. Levi, Esq.
  • For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Archer Aviation Inc. (ACHR) Investors of a Class Action Lawsuit and Upcoming Deadline

Retrieved on: 
Giovedì, Ottobre 19, 2023

NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Archer Aviation Inc. ("Archer" or the "Company") (NYSE: ACHR) of a class action securities lawsuit.

Key Points: 
  • NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Archer Aviation Inc. ("Archer" or the "Company") (NYSE: ACHR) of a class action securities lawsuit.
  • CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Archer investors who were adversely affected by alleged securities fraud between September 17, 2021 and August 15, 2023.
  • Follow the link below to get more information and be contacted by a member of our team:
    ACHR investors may also contact Joseph E. Levi, Esq.
  • For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

Archer Achieves Key Flight Test Program Milestone As Midnight Takes Flight

Retrieved on: 
Mercoledì, Ottobre 25, 2023

Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced today that its flight test program hit another key milestone as the company’s Midnight aircraft took flight.

Key Points: 
  • Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced today that its flight test program hit another key milestone as the company’s Midnight aircraft took flight.
  • This milestone builds on Archer’s four years of flight testing, including two years of full-scale flight testing with Maker.
  • (Photo: Business Wire)
    “This next phase of Archer’s flight test program is only possible because of the four years of flight testing we’ve done.
  • Simultaneous with the Midnight flight test program, Archer intends to continue Maker’s flight test program as well as flying simulated commercial routes to continue to advance the company’s operational readiness.

Securities Lawsuit Against Archer Is Dismissed

Retrieved on: 
Martedì, Ottobre 24, 2023

Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing aircraft, announced today that the plaintiff in the federal securities lawsuit filed against Archer on September 21, 2023 (Cenderelli v. Archer Aviation, Inc.) has chosen to voluntarily dismiss the case.

Key Points: 
  • Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing aircraft, announced today that the plaintiff in the federal securities lawsuit filed against Archer on September 21, 2023 (Cenderelli v. Archer Aviation, Inc.) has chosen to voluntarily dismiss the case.
  • The plaintiff’s dismissal comes shortly after Archer filed its motion to dismiss the case on October 13, 2023.
  • Andy Missan, Archer’s Chief Legal Officer said, “We are very pleased that the plaintiff has decided to dismiss the case.
  • Archer continues to remain focused on delivering on its mission and creating value for shareholders.”

Archer to Report Third Quarter 2023 Operating Update and Financial Results on November 9, 2023

Retrieved on: 
Giovedì, Ottobre 19, 2023

Archer Aviation Inc. (NYSE: ACHR) will report its third quarter 2023 operating update and financial results after market close on Thursday, November 9, 2023.

Key Points: 
  • Archer Aviation Inc. (NYSE: ACHR) will report its third quarter 2023 operating update and financial results after market close on Thursday, November 9, 2023.
  • The company will host a conference call and corresponding live webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its operating update and financial results.
  • Webcast Information: To access the live webcast, visit the Archer investor relations website at investors.archer.com .
  • Conference Call Information: To listen to the conference call, dial 833-470-1428 (domestic) or +1 929-526-1599 (international), and enter the access code 629739.

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Archer Aviation Inc.(ACHR) Investors of a Class Action Lawsuit and Upcoming Deadline

Retrieved on: 
Venerdì, Ottobre 13, 2023

NEW YORK, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Archer Aviation Inc. ("Archer" or the "Company") (NYSE: ACHR) of a class action securities lawsuit.

Key Points: 
  • NEW YORK, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Archer Aviation Inc. ("Archer" or the "Company") (NYSE: ACHR) of a class action securities lawsuit.
  • CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Archer investors who were adversely affected by alleged securities fraud between September 17, 2021 and August 15, 2023.
  • Follow the link below to get more information and be contacted by a member of our team:
    ACHR investors may also contact Joseph E. Levi, Esq.
  • For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.