At the Beijing General Aviation Show last year Embraer’s China chief, Guan Dongyuan, was asked whether the company would stop assembling jets in China. His response was that Embraer wanted to “let the market to make [sic] the decision.” With the announcement on Wednesday this week that Embraer is to cease assembly of its sole […]
Market ‘speaks’ as Embraer ends jet production in China Read More »
EL Al reported revenues of US$396.5m as compared to US$419.8m during the parallel period last year. Net loss amounted to US$21.4m, while a loss of US$16 million dollars was recorded in the same period in 2015. Cash reserves at the end of the quarter totaled US$210.5m as compared to US$143m last year, and cash flow
EL AL reports first quarter net loss of US$21.4m Read More »
MTU Maintenance Lease Services B.V., a subsidiary of German aircraft engine manufacturer MTU Aero Engines, is enhancing its existing services through a cooperation with Brazilian aircraft manufacturer Embraer Aviation International SAS. A new service was created and foresees the provision of spare lease engines and lease engine support services to Embraer’s E-jet operators in Europe,
MTU Maintenance and Embraer sign lease engine cooperation Read More »
The International Air Transport Association (IATA) revised its 2016 financial outlook for global air transport industry profits upwards to US$39.4bn (from US$36.3bn forecast in December 2015). That is expected to be generated on revenues of US$709bn for an aggregate net profit margin of 5.6%. 2016 is expected to be the fifth consecutive year of improving
IATA raises airline profit forecast for 2016 Read More »
West Star Aviation’s current Chief Operating Officer (COO) Rodger Renaud, has been named president of the company. He will work with Bob Rasberry, Chief Executive Officer, to continue with West Star’s growth. This change was effective April 29, 2016.
Rodger Renaud promoted to President of West Star Aviation Read More »
Embraer Executive Jets began the production of its Legacy 450 and Legacy 500 in Melbourne, Florida, holding a ribbon-cutting ceremony on June 2nd, at its recently expanded facility, where the Phenom 100 and Phenom 300 are already in production. The expansion adds 236,000 ft² to its existing 213,000 ft² campus at Orlando-Melbourne International Airport and
Embraer begins Legacy 450/500 production in Melbourne Read More »
ST Aerospace and Guangzhou Airport Authority, celebrated 50 aircraft redeliveries from its Guangzhou airframe maintenance facility, to AirAsia. The first aircraft was inducted into ST Aerospace’s Guangzhou-based hangar in January 2015, for C-level checks. This was followed by a steady stream of AirAsia’s A320 through the one and a half years, with the 50th aircraft
ST Aerospace’s Guangzhou facility redelivers 50 aircraft to AirAsia Read More »
