2 June 2020

Embraer looks towards India and China as potential business partners after Boeing debacle

Brazilian planemaker Embraer has confirmed that it would consider a new partnership with China, India, Russia and possibly other countries in relation to its commercial jet division as part of a revised restructuring plan after Boeing abruptly backed out of a deal. Embraer Chief Executive Francisco Gomes Neto has said that the company is looking […]

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ACC Aviation partners with air ambulance systems specialist AeroMedical

ACC Aviation Group has announced a commercial agreement with U.S.-based air ambulance systems specialist, AeroMedical. Founded in 1979, AeroMedical pioneered the production of specialist emergency medical services (EMS) equipment for rotary and fixed-wing aircraft and the organization has continued to lead the field in designing, certifying and manufacturing custom-built air ambulance systems. The partnership will

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Bombardier concludes sale of CRJ Series regional jet program to Mitsubishi Heavy Industries

Bombardier has closed the previously announced sale of the CRJ Series aircraft program to Mitsubishi Heavy Industries, for a cash consideration of approximately US$550 million, subject to post-closing adjustments and the assumption of liabilities by MHI related to credit and residual value guarantees and lease subsidies amounting to approximately US$200 million. Under the agreement, the

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