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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

Link: https://www.cnbc.com/2021/02/10/united-airlines-orders-electric-vertical-aircraft-invests-in-urban-air-mobility-spac.html

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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