Description: United Airlines believes you may someday take a small electric aircraft to get to the airport. The airline is joining other investors backing Archer, a start-up developing electric vertical takeoff and landing aircraft. If Archer can get its eVTOL certified by the Federal Aviation Administration, it expects to deliver the first aircraft in 2024.
Source: CNBC.com
Date: Feb 10, 2021
Questions for discussion:
- Do you think this is a good development and investment for the firms involved?
- How should investors look at this scenario?
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