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Future Flight Global Agrees to Purchase up to 116 Archer Midnight Aircraft Worth $580M
Aug 13, 2024•almost 2 years ago
Contract Type
agreement
CaliforniaTravel
Description
Archer Aviation Inc. and Future Flight Global (FFG) have 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. The two companies are now working to formalize definitive agreements covering the intended aircraft purchases and strategic operating alliance.
Company Information
Company
Future Flight Global (FFG)
Location
California, United States
About
Future Flight Global (FFG) is a new venture founded by members of the leadership team at Titan Aviation, including former CEO Karan Singh. Titan Aviation has been operating business jets worldwide for over two decades with deep experience catering to the world’s top executive travelers.
Predictive Intelligence
Strategic
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