Axios
• Joann Muller
Soracle to Acquire Up to 100 Archer Midnight eVTOLs for $500M in Japan
Soracle, a joint venture of Japan Airlines and Sumitomo Corporation, has finalized an agreement with Archer Aviation to acquire up to 100 Midnight electric vertical takeoff and landing (eVTOL) aircraft. The partnership aims to establish advanced air mobility services in Japan with a $500 million investment.