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Home Future Flight Global Announces Planned Purchase of up to 116 Archer Midnight Aircraft Worth up to $580M

The following content is a news release distributed by . The original news release may be found here.

Future Flight Global Announces Planned Purchase of up to 116 Archer Midnight Aircraft Worth up to $580M

SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. and Future Flight Global (FFG) today announced an agreement focused on the deployment of electric vertical take off and landing aircraft (eVTOL) services across top global markets. The agreement includes the planned purchase by FFG of up to 116 of Archer’s Midnight aircraft, worth up to $580M. This brings Archer’s indicative order book to $6B.* The two companies are now working to formalize definitive agreements covering the intended ai...

Read the full news release here

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