Feb 15, 2021

United Airlines to Operate eVTOL Aircraft As SPACs Hover For Merger Deals

United Airlines has become the first major scheduled carrier to show an interest in adding eVTOL aircraft to its fleet, with a provisional deal to buy up to 200 of Archer Aviation’s four-passenger model. Archer also announced a $1.1 billion flotation with a Special Purpose Acquisition Company, as speculation grows that several rivals in this cash-hungry sector could soon go down the same path.

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