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InterGlobe Enterprises and Archer Aviation also plan to work with select in-country business partners to operate these aircraft, finance and build vertiport infrastructure, and train pilots and other personnel needed for operations.
Rahul Bhatia, Group Managing Director of InterGlobe, and Nikhil Goel, CCO of Archer, signed the MOU.
Source: https://investorplace.com/2023/11/3-archer-aviation-updates-that-will-make-you-buy-the-stock/
The market valuation of InterGlobe Aviation, the parent of IndiGo, reached Rs 1 lakh crore mark on Wednesday and became the first airline to achieve this milestone.