Latest news with #Jetex
Zawya
8 hours ago
- Business
- Zawya
Archer partners with Jetex to integrate global infrastructure portfolio into Air Taxi Network
The companies will work together to design the passenger experience, deploy charging infrastructure and integrate Archer's Midnight eVTOL aircraft into daily operations across Jetex's international portfolio of 40 private aircraft terminals in more than 30 countries. This strategic alliance builds on Archer's growing infrastructure network and partnerships with other leaders in the industry, establishing a vertiport network that can support the growth of Archer's air taxi operations globally. Paris, France – Archer (NYSE: ACHR) today announced a strategic partnership with Jetex, a leading global aviation services provider, focused on developing infrastructure across Jetex's international portfolio of private terminals to support Archer's planned commercial air taxi network. This collaboration, planned to focus initially on infrastructure in the United Arab Emirates, is expected to expand to additional sites around the world across Jetex's global portfolio, which includes 40 private aircraft terminals in more than 30 countries. Building upon Archer's prior partnerships with other leading infrastructure providers, this approach advances Archer's plans to scale a vertiport network that can support the growth plans for Archer's air taxi operations globally. Under this partnership, the two companies plan to enhance Jetex's strategically located fixed base operator (FBOs) locations to better suit Archer's Midnight aircraft. Archer plans to work with Jetex to design the passenger experience and integrate eVTOL aircraft into daily upgrades will be paired with Jetex's luxury service standards to deliver an efficient, tech-enabled customer journey. Adel Mardini, Founder & CEO of Jetex commented: 'eVTOL technology is an instrumental part of our industry, designed to transform urban mobility and shape the future of business aviation. We are proud to work with our partners at Archer on making this ambitious vision a reality at Jetex Abu Dhabi and our other global destinations.' Adam Goldstein, founder and CEO of Archer, said, 'Building a beautiful, safe and high-performing aircraft is only one aspect of our business. To succeed in the UAE and beyond we need to pair Midnight with strategic infrastructure that allows us to operate by delivering a premium experience for our passengers. With their wide-ranging global portfolio, and deep expertise with high-end customer service, Jetex is a perfect fit as a partner in Archer's commercialization strategy.' The announcement comes as Archer continues to advance its certification and commercialization efforts in the UAE and beyond, building on recent achievements including regulatory design approval for the UAE's first hybrid heliport at Abu Dhabi Cruise Terminal and ongoing partnerships with leading regional operators including Abu Dhabi Aviation. About Archer Archer is designing and developing the key enabling technologies and aircraft necessary to power the future of aviation. About Jetex An award-winning global leader in private aviation, Jetex is recognized for delivering flexible, best-in-class solutions to customers worldwide. Jetex provides exceptional private terminals (FBOs), lifestyle concierge and aircraft charter services, as well as fuelling, ground handling and global trip planning. The company caters to both owners and operators of business jets for corporate, commercial and personal air travel.
Yahoo
21 hours ago
- Business
- Yahoo
Archer Aviation (NYSE:ACHR) Partners With Jetex To Expand Global Air Taxi Network
Archer Aviation has recently announced a strategic partnership with Jetex, aimed at expanding its infrastructure for air taxi operations globally, starting with the UAE. This collaboration, alongside other initiatives like partnerships in Indonesia and New York, aligns with the company's ambitious global expansion strategy. Within the last quarter, Archer's stock price increased by 23%, a movement that may have been influenced by these positive developments, especially in a flat market environment. Although the market rose 10% over the past year, Archer's robust partnerships and product advancements likely added weight to its notable quarterly performance. Archer Aviation has 4 warning signs (and 2 which are concerning) we think you should know about. Find companies with promising cash flow potential yet trading below their fair value. Over the past year, Archer Aviation's total shareholder return reached 233.33%, highlighting a substantial increase and outpacing both the US Aerospace & Defense industry and the broader market. Comparatively, the industry achieved a return of 33.4% and the market returned 9.9% during the same timeframe. This growth suggests a positive reception to the company's ongoing partnerships and expansion efforts. The strategic collaborations, particularly in the UAE, New York, and Indonesia, may bolster Archer's revenue and earnings forecasts, despite its current unprofitable status. Analysts project a robust 58.1% annual revenue growth, which is significantly higher than the US market's expected growth. This aligns with the company's ambitious global expansion activities outlined in recent announcements. Regarding valuation, Archer's current share price represents a 17% discount to the consensus analyst price target of $11.94, indicating potential for future appreciation if forecasts align with strategic execution. However, with a Price-To-Book Ratio of 6.4x, it remains more expensive compared to the US Aerospace & Defense industry average of 3.3x, which investors should consider when evaluating Archer's future prospects. Our comprehensive valuation report raises the possibility that Archer Aviation is priced lower than what may be justified by its financials. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:ACHR. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
- Yahoo
Archer Aviation (NYSE:ACHR) Partners With Jetex To Expand Global Air Taxi Network
Archer Aviation has recently announced a strategic partnership with Jetex, aimed at expanding its infrastructure for air taxi operations globally, starting with the UAE. This collaboration, alongside other initiatives like partnerships in Indonesia and New York, aligns with the company's ambitious global expansion strategy. Within the last quarter, Archer's stock price increased by 23%, a movement that may have been influenced by these positive developments, especially in a flat market environment. Although the market rose 10% over the past year, Archer's robust partnerships and product advancements likely added weight to its notable quarterly performance. Archer Aviation has 4 warning signs (and 2 which are concerning) we think you should know about. Find companies with promising cash flow potential yet trading below their fair value. Over the past year, Archer Aviation's total shareholder return reached 233.33%, highlighting a substantial increase and outpacing both the US Aerospace & Defense industry and the broader market. Comparatively, the industry achieved a return of 33.4% and the market returned 9.9% during the same timeframe. This growth suggests a positive reception to the company's ongoing partnerships and expansion efforts. The strategic collaborations, particularly in the UAE, New York, and Indonesia, may bolster Archer's revenue and earnings forecasts, despite its current unprofitable status. Analysts project a robust 58.1% annual revenue growth, which is significantly higher than the US market's expected growth. This aligns with the company's ambitious global expansion activities outlined in recent announcements. Regarding valuation, Archer's current share price represents a 17% discount to the consensus analyst price target of $11.94, indicating potential for future appreciation if forecasts align with strategic execution. However, with a Price-To-Book Ratio of 6.4x, it remains more expensive compared to the US Aerospace & Defense industry average of 3.3x, which investors should consider when evaluating Archer's future prospects. Our comprehensive valuation report raises the possibility that Archer Aviation is priced lower than what may be justified by its financials. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:ACHR. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Business Wire
a day ago
- Business
- Business Wire
Archer Partners With Jetex to Integrate Global Infrastructure Portfolio Into Air Taxi Network
PARIS--(BUSINESS WIRE)-- Archer (NYSE: ACHR) today announced a strategic partnership with Jetex, a leading global aviation services provider, focused on developing infrastructure across Jetex's international portfolio of private terminals to support Archer's planned commercial air taxi network 1. This collaboration, planned to focus initially on infrastructure in the United Arab Emirates, is expected to expand to additional sites around the world across Jetex's global portfolio, which includes 40 private aircraft terminals in more than 30 countries. Building upon Archer's prior partnerships with other leading infrastructure providers, this approach advances Archer's plans to scale a vertiport network that can support the growth plans for Archer's air taxi operations globally. Under this partnership, the two companies plan to enhance Jetex's strategically located fixed base operator (FBOs) locations to better suit Archer's Midnight aircraft. Archer plans to work with Jetex to design the passenger experience and integrate eVTOL aircraft into daily operations. These upgrades will be paired with Jetex's luxury service standards to deliver an efficient, tech-enabled customer journey. Adel Mardini, Founder & CEO of Jetex, commented: 'eVTOL technology is an instrumental part of our industry, designed to transform urban mobility and shape the future of business aviation. We are proud to work with our partners at Archer on making this ambitious vision a reality at Jetex Abu Dhabi and our other global destinations.' Adam Goldstein, founder and CEO of Archer, said, 'Building a beautiful, safe and high-performing aircraft is only one aspect of our business. To succeed in the UAE and beyond we need to pair Midnight with strategic infrastructure that allows us to operate by delivering a premium experience for our passengers. With their wide-ranging global portfolio, and deep expertise with high-end customer service, Jetex is a perfect fit as a partner in Archer's commercialization strategy.' The announcement comes as Archer continues to advance its certification and commercialization efforts in the UAE and beyond, building on recent achievements including regulatory design approval for the UAE's first hybrid heliport at Abu Dhabi Cruise Terminal and ongoing partnerships with leading regional operators including Abu Dhabi Aviation. About Archer Archer is designing and developing the key enabling technologies and aircraft necessary to power the future of aviation. To learn more, visit About Jetex An award-winning global leader in private aviation, Jetex is recognized for delivering flexible, best-in-class solutions to customers worldwide. Jetex provides exceptional private terminals (FBOs), lifestyle concierge and aircraft charter services, as well as fuelling, ground handling and global trip planning. The company caters to both owners and operators of business jets for corporate, commercial and personal air travel. Forward-Looking Statements This press release contains forward looking statements regarding Archer's future business plans and goals, including statements regarding its aircraft performance, the timing of Archer's development, commercialization, and certification of its eVTOL aircraft, and plans relating to its global infrastructure buildout and operations. In addition, this press release refers to a strategic partnership that is conditioned on the future execution by the parties of additional binding definitive agreements incorporating the terms outlined in the memorandum of understanding, which definitive agreements may not be completed or may contain different terms than those set forth in the framework agreement. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors. The risks and uncertainties that could cause actual results to differ from the results predicted are more fully detailed in Archer's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K, available at In addition, please note that any forward-looking statements contained herein are based on assumptions that Archer believes to be reasonable as of the date of this press release. Archer undertakes no obligation to update these statements as a result of new information or future events. Source: Archer Text: ArcherIR 1 Our strategic partnership remains conditional, subject to the execution of further definitive agreements and the satisfaction of certain conditions
Trade Arabia
04-06-2025
- Business
- Trade Arabia
Les Roches, Jetex launch world's first Postgraduate program in private aviation
Les Roches, ranked No 2 worldwide in higher education for hospitality and leisure management (QS World University Rankings, 2025), has launched the world's first postgraduate program exclusively dedicated to luxury private aviation. Developed in a strategic partnership with Jetex, a global leader in private aviation services, the program will take off In September and support the increasing demand for highly qualified talent in one of the fastest-growing segments of the luxury hospitality industry. Spanning one academic year, the Advanced Diploma in Private Aviation Management combines rigorous Swiss academic instruction with direct industry immersion. During the first semester, students study across Les Roches' international campuses in Marbella, Crans-Montana, and Abu Dhabi Hospitality Academy – Les Roches engaging in subjects including the global private aviation industry, aviation management systems, luxury client experience, effective communication in aviation and brand ambassador leadership in a lifestyle environment. In the second semester, enrolled students undertake a guaranteed six-month internship with Jetex in the United Arab Emirates and will apply their learning in a real-world private aviation environment in a strategic location known for its world-class infrastructure, and rising volume of private air traffic. After completing the internship, participants may graduate with the in Private Aviation Management or extend their studies by one semester to earn a Master's of Advanced Studies in Hospitality Management with Specialization from Les Roches. 'Thanks to Les Roches' global campus network, this program enables students to live and learn in three top luxury tourism locations: Abu Dhabi-United Arab Emirates, Geneva–Swiss Alps, and Málaga–Costa del Sol,' said Carlos Díez de la Lastra, CEO of Les Roches. 'By aligning our curriculum with industry needs, we aim to prepare graduates to seamlessly step into leadership roles. This global immersion not only introduces students to diverse cultures and key markets but also equips them with a comprehensive understanding of international best practices—empowering them to thrive in the increasingly dynamic and competitive global luxury private aviation sector.' 'At Jetex, we have always been committed to supporting and empowering the next generations. We believe that the unique personalities and skills of Jetex talents are what fuel the very heart of the company's excellence, entrepreneurship and innovation,' said Adel Mardini, Founder & CEO of Jetex. To apply, candidates must complete an interview with Jetex, hold a university degree, be aged 30 or under and demonstrate an advanced command of English. As with all Les Roches academic programs, this diploma is accredited by the Swiss Federal Government and by the New England Commission of Higher Education (NECHE) in the United States. A Growing Industry Ready for Takeoff The private aviation market, valued at $38.5 billion in 2023, is projected to grow to $55.2 billion by 2031, driven by rising demand, efficiency, and ultra-personalized service. In Spain alone, the sector supports over 21,000 jobs and contributes €3.1 billion to GDP. As the global private aviation sector experiences a strong upward trajectory — with the market projected to grow from $28.01 billion in 2024 to $30.08 billion in 2025 — Jetex continues to lead the industry with its innovative approach and commitment to excellence. This growth is fueled by increasing demand for bespoke travel experiences, sustainable aviation solutions, and cutting-edge technology. Jetex, recognized as a global leader in executive private aviation services, is at the forefront of this transformation, operating across 37 private jet terminals across Europe, Middle East, Africa, Asia Pacific and South America.
