Archer Aviation (ACHR) Soars on Korean Air Deal – eVTOL Stock Skyrockets Amid Air Taxi Race
Korean Air Deal Lifts ACHR Stock Archer Aviation made headlines on Oct. 20 by inking a partnership with Korean Air to commercialize its Midnight eVTOL air taxi in South Korea reuters.com. The deal includes a potential order for up to 100 Midnight aircraft, marking Archer’s first major airline customer in Asia. News of the “landmark partnership” sent ACHR shares up about 4–6% in early trading that day reuters.com tokenist.com, as investors cheered the validation by a global flag-carrier. Korean Air – with five decades of aerospace experience – will help Archer deploy Midnight across multiple use cases, starting with government