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Benzinga
Benzinga
Business
Alex Perry

MYSTERIOUS: Why is archer aviation stock up | Mind Blowing Facts

Archer Korean Air ACHR Archer Aviation Inc South Korea
San,Jose,,California,Us,-,February,14,,2025:,Archer,Brand

Shares of Archer Aviation Inc. (NASDAQ:ACHR) are rising Monday after the company announced a major partnership with Korean Air.

What To Know: Korean Air selected Archer as its exclusive partner to introduce Electric Vertical Take-Off and Landing, or eVTOL, aircraft in Korea. The deal includes the potential for Korean Air to purchase up to 100 Midnight aircraft to be deployed across multiple use cases.

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