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UAL Plans 1st Commerical Electric Air Taxi

Old 03-24-2023, 10:17 AM
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Default UAL Plans 1st Commerical Electric Air Taxi

https://electrek.co/2023/03/23/unite...ir-taxi-route/
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Old 03-24-2023, 10:23 AM
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Archer Aviation stock down 90% from when United announced their partnership and order. Investor sediment says itís all smoke a mirrors.

It gets better. The initial United order has a full value of $1 billion, with options for another $500 million worth of Archer eVTOLs in the future. Yet Archer Aviationís market cap fluctuates around 500 million. Oh, and Archerís founder and CEO sold his positions at rock bottom and walked away a few months ago. This sounds totally legit.

Wall Street doesnít believe this is legit. Just free good press for United.

Last edited by LAXtoDEN; 03-24-2023 at 10:35 AM.
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Old 03-24-2023, 11:35 AM
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All this eVTOL stuff falls in the category of "I'll believe it when I see it" in my mind. The Feds haven't even figured out how to regulate it yet. And what will be the min pilot quals?

Originally Posted by LAXtoDEN View Post
Archer Aviation stock down 90% from when United announced their partnership and order. Investor sediment says itís all smoke a mirrors.

It gets better. The initial United order has a full value of $1 billion, with options for another $500 million worth of Archer eVTOLs in the future. Yet Archer Aviationís market cap fluctuates around 500 million. Oh, and Archerís founder and CEO sold his positions at rock bottom and walked away a few months ago. This sounds totally legit.

Wall Street doesnít believe this is legit. Just free good press for United.
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Old 03-24-2023, 12:01 PM
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Kinda hate that United is getting so much mainstream press out of this vaporware.
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Old 03-25-2023, 07:58 AM
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Originally Posted by fasteddie800 View Post
Kinda hate that United is getting so much mainstream press out of this vaporware.
So many people fail to realize a majority of electricity comes from fossil fuels.
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