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Archer Aviation Secures FAA Certification for Commercial Operations; Shares Rise Over 4%
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Archer Aviation Secures FAA Certification for Commercial Operations; Shares Rise Over 4%
Jun 5, 2024 6:59 AM

09:41 AM EDT, 06/05/2024 (MT Newswires) -- Archer Aviation ( ACHR ) said Wednesday that its Archer Air subsidiary received certification from the Federal Aviation Administration, allowing it to begin operating aircraft commercially.

The company said it has previously secured the certification for specialized aircraft repair services, completing the two key operational certificates required to begin its air taxi operations when it receives the certification for its Midnight aircraft.

Shares of Archer Aviation ( ACHR ) were up over 4% in recent trading.

Price: 3.38, Change: +0.13, Percent Change: +4.00

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